Fiscal Policy Implementation in Sub-Saharan Africa:
This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, t...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/172 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, the more fragile the regulatory system in the country, and the weaker the institutions framing the design, approval, and execution of the budget. The findings support ongoing efforts in the region to improve the quality and timeliness of economic data; enhance forecasting capacity; adopt realistic fiscal plans; and strengthen governance, budgetary institutions, and public financial management procedures |
Beschreibung: | 1 Online-Ressource (46 p) |
ISBN: | 1462314317 9781462314317 |
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spelling | Lledo, Victor Duarte Verfasser aut Fiscal Policy Implementation in Sub-Saharan Africa Lledo, Victor Duarte Washington, D.C International Monetary Fund 2011 1 Online-Ressource (46 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/172 This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, the more fragile the regulatory system in the country, and the weaker the institutions framing the design, approval, and execution of the budget. The findings support ongoing efforts in the region to improve the quality and timeliness of economic data; enhance forecasting capacity; adopt realistic fiscal plans; and strengthen governance, budgetary institutions, and public financial management procedures Online-Ausg Poplawski-Ribeiro, Marcos Sonstige oth http://elibrary.imf.org/view/IMF001/12044-9781462314317/12044-9781462314317/12044-9781462314317.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Lledo, Victor Duarte Fiscal Policy Implementation in Sub-Saharan Africa |
title | Fiscal Policy Implementation in Sub-Saharan Africa |
title_auth | Fiscal Policy Implementation in Sub-Saharan Africa |
title_exact_search | Fiscal Policy Implementation in Sub-Saharan Africa |
title_exact_search_txtP | Fiscal Policy Implementation in Sub-Saharan Africa |
title_full | Fiscal Policy Implementation in Sub-Saharan Africa Lledo, Victor Duarte |
title_fullStr | Fiscal Policy Implementation in Sub-Saharan Africa Lledo, Victor Duarte |
title_full_unstemmed | Fiscal Policy Implementation in Sub-Saharan Africa Lledo, Victor Duarte |
title_short | Fiscal Policy Implementation in Sub-Saharan Africa |
title_sort | fiscal policy implementation in sub saharan africa |
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