Occasional Papers

The Fiscal Dimensions of Adjustment in Low-Income Countries

Author/Editor:

Sanjeev Gupta ; Claire Liuksila ; Henri Lorie ; Walter Mahler ; Karim A. Nashashibi

Publication Date:

June 16, 1992

Summary:

A strengthened fiscal position is at the core of most economic adjustment programs supported by IMF lending, especially for the poorer countries that draw on the IMF's structural adjustment facilities. This paper reviews developments in 23 countries and evaluates their experience with fiscal and structural adjustment, including their efforts to design social safety nets to cushion the effects of adjustment.

Series:

Occasional Paper No. 1992/010

Subject:

Economic sectors Expenditure Fiscal consolidation Fiscal policy Public enterprises Public sector Revenue administration Tax administration core functions