Hidden Bibliographic Details
Other uniform titles: | IMF eLibrary.
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Other authors / contributors: | Clements, Benedict J.
Tareq, Shamsuddin.
Di Bella, Gabriel.
Martijn, Jan Kees.
International Monetary Fund.
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ISBN: | 9781452748313 1452748314 1451958935 9781451958935 1589064968 9781589064966
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Language / Script: | Current Copyright Fee: GBP7.69 0.
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Notes: | Available in PDF, ePUB, and Mobi formats on the Internet. Includes bibliographical references (pages 44-47). Online resource; title from pdf title page (IMF, viewed July 24, 2015).
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Summary: | Macroeconomic outcomes in low-income countries (LICs) have improved markedly in recent years, but important questions remain regarding possible adjustments in the design of IMF-supported programs in such countries. This paper draws on a review of the literature as well as the experience of 15 LICs that have attained some degree of macroeconomic stability to discuss, for example, the appropriate target range for inflation in shock-prone LICs; whether countries should use fiscal space to cut excessive tax burdens, reduce high debt levels, or raise public spending; and how the effectiveness of public expenditures can be improved.
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Standard no.: | 9781589064966
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