Creating Sustainable Fiscal Space for Infrastructure: The Case of Tanzania
A common dilemma facing governments around the world is how to meet the sizeable fiscal costs of providing and maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules, budgetary reforms, tax policy and administration measures, public-...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
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Schriftenreihe: | IMF Working Papers
Working Paper No. 08/256 |
Schlagworte: | |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | A common dilemma facing governments around the world is how to meet the sizeable fiscal costs of providing and maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules, budgetary reforms, tax policy and administration measures, public-private partnerships and other innovative financial instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the financing to meet Tanzania''s infrastructure needs. It begins with a brief survey of the evidence on the relationship between infrastructure, public investment, and economic growth, and then goes on to consider the case for additional infrastructure investment in Tanzania. The second part of the paper looks at five broad options for mobilizing additional resources to meet Tanzania''s infrastructure needs: (i) direct private investment and PPPs, (ii) expenditure reprioritization and efficiency, (iii) domestic revenue mobilization, (iv) external grants and concessional financing, and (v) sovereign borrowing on domestic or international credit markets. The paper concludes with some general recommendations on what combination of the above approaches might be suitable for Tanzania |
Beschreibung: | Includes bibliographical references |
Beschreibung: | 1 Online-Ressource (41 p) |
ISBN: | 1451871147 9781451871142 |
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owner_facet | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
physical | 1 Online-Ressource (41 p) |
psigel | ZDB-1-IMF |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF Working Papers |
spelling | Ter-Minassian, Teresa Verfasser aut Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania Ter-Minassian, Teresa Washington, D.C International Monetary Fund 2008 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/256 Includes bibliographical references A common dilemma facing governments around the world is how to meet the sizeable fiscal costs of providing and maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules, budgetary reforms, tax policy and administration measures, public-private partnerships and other innovative financial instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the financing to meet Tanzania''s infrastructure needs. It begins with a brief survey of the evidence on the relationship between infrastructure, public investment, and economic growth, and then goes on to consider the case for additional infrastructure investment in Tanzania. The second part of the paper looks at five broad options for mobilizing additional resources to meet Tanzania''s infrastructure needs: (i) direct private investment and PPPs, (ii) expenditure reprioritization and efficiency, (iii) domestic revenue mobilization, (iv) external grants and concessional financing, and (v) sovereign borrowing on domestic or international credit markets. The paper concludes with some general recommendations on what combination of the above approaches might be suitable for Tanzania Online-Ausg Fiscal policy Tanzania Infrastructure (Economics) Tanzania Tanzania / Economic conditions Tanzania / Economic policy Electronic books Hajdenberg, Alejandro Sonstige oth Hughes, Richard Sonstige oth http://elibrary.imf.org/view/IMF001/09713-9781451871142/09713-9781451871142/09713-9781451871142.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ter-Minassian, Teresa Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania Fiscal policy Tanzania Infrastructure (Economics) Tanzania |
title | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania |
title_auth | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania |
title_exact_search | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania |
title_exact_search_txtP | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania |
title_full | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania Ter-Minassian, Teresa |
title_fullStr | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania Ter-Minassian, Teresa |
title_full_unstemmed | Creating Sustainable Fiscal Space for Infrastructure The Case of Tanzania Ter-Minassian, Teresa |
title_short | Creating Sustainable Fiscal Space for Infrastructure |
title_sort | creating sustainable fiscal space for infrastructure the case of tanzania |
title_sub | The Case of Tanzania |
topic | Fiscal policy Tanzania Infrastructure (Economics) Tanzania |
topic_facet | Fiscal policy Tanzania Infrastructure (Economics) Tanzania |
url | http://elibrary.imf.org/view/IMF001/09713-9781451871142/09713-9781451871142/09713-9781451871142.xml |
work_keys_str_mv | AT terminassianteresa creatingsustainablefiscalspaceforinfrastructurethecaseoftanzania AT hajdenbergalejandro creatingsustainablefiscalspaceforinfrastructurethecaseoftanzania AT hughesrichard creatingsustainablefiscalspaceforinfrastructurethecaseoftanzania |