Fiscal Policy Implementation in Sub-Saharan Africa

This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, t...

Full description

Bibliographic Details
Main Author: Lledo, Victor
Other Authors: Poplawski Ribeiro, Marcos
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02699nmm a2200589 u 4500
001 EB000927264
003 EBX01000000000000000720860
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781462314317 
100 1 |a Lledo, Victor 
245 0 0 |a Fiscal Policy Implementation in Sub-Saharan Africa  |c Victor Lledo, Marcos Poplawski Ribeiro 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2011 
300 |a 46 pages 
651 4 |a São Tomé and Príncipe, Democratic Republic of 
653 |a Econometric analysis 
653 |a Budget Systems 
653 |a Public finance & taxation 
653 |a Fiscal Policy 
653 |a Tax gap 
653 |a Budget planning and preparation 
653 |a Fiscal policy 
653 |a Spatio-temporal Models 
653 |a Budgeting 
653 |a Estimation 
653 |a Revenue performance assessment 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Budget execution and treasury management 
653 |a Econometric models 
653 |a Panel Data Models 
653 |a Budget 
653 |a Macroeconomics 
653 |a Tax administration and procedure 
653 |a Public financial management (PFM) 
653 |a Estimation techniques 
653 |a National Budget 
653 |a Econometrics 
653 |a Budgeting & financial management 
653 |a National Budget, Deficit, and Debt: General 
653 |a Taxation 
653 |a Econometrics & economic statistics 
653 |a Public Finance 
653 |a Fiscal and Monetary Policy in Development 
700 1 |a Poplawski Ribeiro, Marcos 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781462314317.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/2011/172/001.2011.issue-172-en.xml?cid=25081-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, the more fragile the regulatory system in the country, and the weaker the institutions framing the design, approval, and execution of the budget. The findings support ongoing efforts in the region to improve the quality and timeliness of economic data; enhance forecasting capacity; adopt realistic fiscal plans; and strengthen governance, budgetary institutions, and public financial management procedures