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Fiscal Adjustment in IMF-Supported Programs

Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics’ view that IMF-supported programs typically adopt a...

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Bibliographic Details
Corporate Author: International Monetary Fund Independent Evaluation Office
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2003
Series:Independent Evaluation Office Reports
Subjects:
Fiscal Stance
Labour
Short-term Capital Movements
Public Finance & Taxation
Government Debt Management
Debt Management
Current Account Adjustment
Fiscal Policy
Debts, Public
Balance Of Payments
Fiscal Consolidation
Debt
Exports And Imports
International Economics
National Government Expenditures And Related Policies: General
Labor
Sovereign Debt
Expenditure
Taxation, Subsidies, And Revenue: General
Economic Growth
Expenditures, Public
Macroeconomics
Tax Administration And Procedure
Public Financial Management (pfm)
Taxation
Public Finance
Income Economics
Bulgaria
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics’ view that IMF-supported programs typically adopt a one-size-fits-all approach to fiscal adjustment, nor the perception that programs always involve austerity by targeting reductions in public spending. The report also proposes a number of recommendations for IMF surveillance and program design in the future
Physical Description:125 pages
ISBN:9781589062740

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