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Fund-Supported Programs, Fiscal Policy, and Income Distribution

Fund-Supported Programs, Fiscal Policy, and Income Distribution »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

DOI: http://dx.doi.org/10.5089/9780939934645.084

ISBN: 9780939934645

Keywords: taxation, expenditure, salaries, subsidies, income distribution

This is the third in a group of three papers dealing with various aspects of Fund-supported adjustment programs....

India's Experience with Fiscal Rules

India's Experience with Fiscal Rules »

Source: India's Experience with Fiscal Rules : An Evaluation and The Way Forward

Volume/Issue: 2009/175

Series: IMF Working Papers

Author(s): Alejandro Simone , and Petia Topalova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873221

Keywords: expenditure, expenditure growth, fiscal discipline

This paper examines India's experience with fiscal rules with a view to inform the design of a possible successor fiscal framework to the FRBMA. Among several proposals to strengthen the FRBMA, a framework that foc...

Excerpt: Taming Indian Inflation

Excerpt: Taming Indian Inflation »

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 February 2016

DOI: http://dx.doi.org/10.5089/TIIEAEX.073

ISBN: TIIEAEX

Keywords: Price indexes, Supply and demand, Financial statistics, Demand elasticity, Development, Economic conditions, Economic theory, support price, nonfood, food expenditure

This book analyzes various facets of Indian inflation and their implications for the conduct of monetary policy. Indeed, several chapters are devoted to analyzing and managing food inflation, given the very importa...

The Role of the Public Sector in the Market Economies of Developing Asia

The Role of the Public Sector in the Market Economies of Developing Asia »

Source: The Role of the Public Sector in the Market Economies of Developing Asia : General Lessons for the Current Debt Strategy

Volume/Issue: 1988/7

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1988

ISBN: 9781451928266

Keywords: expenditure, public expenditure, public spending, foreign debt, tax revenue

This paper pursues several objectives. First, it presents a sketch of a positive (or real-world) theory of public sector intervention. Second, it analyzes in some detail the activity of the public sector in nine ma...

Indian Subnational Finances

Indian Subnational Finances »

Source: Indian Subnational Finances : Recent Performance

Volume/Issue: 2007/205

Series: IMF Working Papers

Author(s): Ananthakrishnan Prasad , and Adarsh Kishore

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

ISBN: 9781451867695

Keywords: State budgets, subnational finances, expenditure, fiscal policy, fiscal deficit, expenditures, fiscal responsibility,

The fiscal performance of the States in India has been an area of concern for quite some time. The Twelfth Finance Commission (TFC) recommended a three-pronged strategy to alleviate States' fiscal distress, built a...

The Persistence of Corruption and Slow Economic Growth

The Persistence of Corruption and Slow Economic Growth »

Source: The Persistence of Corruption and Slow Economic Growth

Volume/Issue: 2002/213

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

ISBN: 9781451874952

Keywords: Corruption, multiple equilibria, strategic complementarities, persistence, bribe, expenditure, government expenditure, bribes, grand corruption, Illegal Behavior and the Enforcement of Law

There is increasing recognition that corruption has substantial, adverse effects on economic growth. But if the costs of corruption are so high, why don't countries strive to improve their institutions and root out...

Tax Smoothing in a Financially Repressed Economy

Tax Smoothing in a Financially Repressed Economy »

Source: Tax Smoothing in a Financially Repressed Economy : Evidence from India

Volume/Issue: 1998/122

Series: IMF Working Papers

Author(s): Paul Cashin , Nilss Olekalns , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

ISBN: 9781451854466

Keywords: Fiscal policy, India, Tax smoothing, financial repression, budget surplus, government expenditure, fiscal deficits, budget constraint

India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit: tax smoothing and tax tilting. This paper tests a version of Barro's tax-smoothing model, using...

Military Spending, the Peace Dividend, and Fiscal Adjustment

Military Spending, the Peace Dividend, and Fiscal Adjustment »

Source: Military Spending, the Peace Dividend, and Fiscal Adjustment

Volume/Issue: 1999/87

Series: IMF Working Papers

Author(s): Benedict Clements , Jerald Schiff , Peter Debaere , and Hamid Davoodi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

ISBN: 9781451851007

Keywords: military spending, peace dividend, fiscal adjustment, military, civil war, military expenditures, arms

The end of the Cold War has ushered in significant changes in worldwide military spending. This paper finds that the easing of (1) international tensions, (2) regional tensions, and (3) the existence of IMF-support...

APPENDIX III A Review of Policies in Fund Programs, 1980–84

APPENDIX III A Review of Policies in Fund Programs, 1980–84 »

Source: Fund-Supported Programs, Fiscal Policy, and Income Distribution

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934645

Keywords: taxation, expenditure, salaries, subsidies, income distribution

Selection of the Sample The Fund approved 117 stand-by programs and 23 extended facilities from January 1980 to December 1984, for 68 countries. Twenty-two countries had programs in...

II. Methodological Problems and the Counterfactual Argument

II. Methodological Problems and the Counterfactual Argument »

Source: Fund-Supported Programs, Fiscal Policy, and Income Distribution

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934645

Keywords: taxation, expenditure, salaries, subsidies, income distribution

Any economic study confronts methodological issues which limit its application and the conclusions it can offer, but by its very nature this study must be more limited than most. The scope of the issue is as...