The Distributional Effects of Public Expenditure Update and Overview

It is commonly agreed that economic policies, including budgetary policies, can have potentially strong distributional effects. Traditional economic analysis held that economic policies affected the income distribution primarily through their impact on the rate of growth. More recently, it has come...

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Bibliographic Details
Main Author: Ter-Minassian, Teresa
Other Authors: Schwartz, Gerd
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a The Distributional Effects of Public Expenditure  |b Update and Overview  |c Teresa Ter-Minassian, Gerd Schwartz 
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300 |a 28 pages 
651 4 |a Colombia 
653 |a Wealth 
653 |a Economics 
653 |a Income 
653 |a Public finance & taxation 
653 |a Income distribution 
653 |a Saving 
653 |a Personal income 
653 |a Aggregate Factor Income Distribution 
653 |a Poverty and Homelessness 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Welfare, Well-Being, and Poverty: General 
653 |a Poverty & precarity 
653 |a Consumption 
653 |a Expenditures, Public 
653 |a Poverty 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Income inequality 
653 |a Public Finance 
700 1 |a Schwartz, Gerd 
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520 |a It is commonly agreed that economic policies, including budgetary policies, can have potentially strong distributional effects. Traditional economic analysis held that economic policies affected the income distribution primarily through their impact on the rate of growth. More recently, it has come to be recognized that qualitative aspects of economic growth are probably more important than the rate of growth itself. While recent research has confirmed the potential role of expenditure policies as a redistributive tool, it has also shown that redistribution does not necessarily have to come at the expense of economic growth and efficiency. Although there are substantial analytical and technical problems to be faced in the design of equitable and cost-effective public expenditure programs, unfavorable distributional outcomes of these programs can usually be traced more to political and institutional pressures than to purely technical factors