BookDOI
Fiscal Reforms in Low-Income Countries
Benedict J. Clements,Liam Ebrill,Sanjeev Gupta,Anthony J. Pellechio,Jerald Schiff,George Abed,Ronald McMorran,Marijn Verhoeven +7 more
TLDR
In this paper, the authors review the experience of 36 low-income developing countries that undertook macroeconomic and structural adjustment in the context of the IMF's Structural Adjustment Facility (SAF) during the period of 1985-95.Abstract:
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal performance. This study reviews the fiscal reform experience of 36 low-income developing countries that undertook macroeconomic and structural adjustment in the context of the IMF's Structural Adjustment Facility and Enhanced Structural Adjustment Facility during the period of 1985-95.read more
Citations
More filters
Journal ArticleDOI
Paying for Education: How the World Bank and the International Monetary Fund Influence Education in Developing Countries
TL;DR: In 1990, the Education for All (EFA) Conference in Jomtien, Thailand, made an urgent appeal to governments, donors, and creditors to address the decline in basic education as mentioned in this paper.
Journal ArticleDOI
Globalization and the Fiscal Autonomy of the State
TL;DR: The authors investigates the fiscal consequences of various measures of policy liberalization designed to increase the global integration of developing countries and concludes that globalization has further accentuated the fiscal constraints facing states, and that there is a cumulative process of causation between liberal policies and the fiscal constraint.
Journal ArticleDOI
Staying the Course: Maintaining Fiscal Control in Developing Countries
Christopher Adam,David Bevan +1 more
TL;DR: In this paper, the authors examined variations in the persistence of episodes of fiscal stability, defined as the length of time the cyclically adjusted conventional fiscal balance exceeds a specific threshold, where the latter is based on plausible target values for the steadystate public debt-to-GDP ratio.
The Politics of Revenue-Raising Tax Reform in Latin America
TL;DR: In this article, the authors analyzed the power of business, a key actor in tax politics in highly unequal societies, and explained variation in governments' tax reform agendas and the fate of reform proposals in Chile, Argentina, and Bolivia.
Journal ArticleDOI
Is Fiscal Adjustment More Durable When The IMF is Involved
Aleš Bulíř,Soojin Moon +1 more
TL;DR: In this article, the authors investigated the impact of IMF conditionality on 112 countries during the 1990s and found that, while the overall fiscal balance improved in most of them, the composition of this improvement differed.