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New Fiscal Policies for Growth and Poverty Reduction
- Project name/title
- New Fiscal Policies for Growth and Poverty Reduction
- Development and Finance
- Many developing countries are characterised by weak budgetary and revenue institutions, insufficient public spending on priority investments and the macro-economic instability associated with repeated fiscal crises. Moreover, the recent external review of IMF ESAF lending concluded that IMF fiscal policy conditionality might in some cases work against aid effectiveness. This project will re-examine the design of fiscal policy (including public expenditure management and taxation) with the aim of improving its role in supporting growth and poverty reduction.
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