Pamphlet Series

Guidelines for Fiscal Adjustment

Author/Editor:

Jeffrey M. Davis

Publication Date:

December 22, 1995

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This pamphlet considers some of the issues and concerns that underlie the IMF's approach to fiscal adjustment-namely, the ways governments can use their fiscal stabilization and structural policies to achieve macroeconomic objectives relating to growth, inflation, and the balance of payments. It covers such issues as government taxing, spending, and borrowing, as well as some fiscal aspects of institutional change, and offers practical policy options for consideration.

Series:

Pamphlet Series, No. 49

Subject:

Expenditure Fiscal consolidation Fiscal policy Fiscal stance Public debt