Occasional Papers

The Composition of Fiscal Adjustment and Growth: Lessons from Fiscal Reforms in Eight Economies

Author/Editor:

George A Mackenzie ; Philip R. Gerson ; David William Harold Orsmond

Publication Date:

April 3, 1997

Summary:

This study examines the composition of fiscal adjustment - tax and expenditure policies and administrative procedures, and some aspects of public enterprise reform - in a sample of eight countries (Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand) during a period of fiscal reform (usually 1978-93), to determine whether and to what extent the fiscal reforms fostered growth during the adjustment period.

Series:

Occasional Paper No. 1997/001

Subject:

Capital spending Economic sectors Expenditure Fiscal policy Income Income and capital gains taxes National accounts Public enterprises Public financial management (PFM) Public sector Taxes