Fiscal Issues in Adjustment in Developing Countries

The book deals with aspects of the recent fiscal crisis in developing countries. Macro aspects cover theoretical underpinning of fiscal policy, the size of the required adjustment and the link between internal and external transfers. Micro aspects cover the relation between private and public investment, the experience of tax and expenditure reforms, and the impact of fiscal adjustment on the poor.

Inhalt
Fiscal Issues in Adjustment: An Introduction; R. Faini and J.de Melo - Fiscal Issues in Adjustment Programs; V.Tanzi - Orthodox Models for Adjustment and Growth; P.J.Montiel - Fiscal Issues in Macroeconomic Stabilization: A Structuralist Perspective; L.Taylor - The Transfer Problem in Small Open Economies: Exchange Rate and Fiscal Policies for Debt Service; D.Rodrik - Fiscal Adjustment in High-Debt Countries; M.de Melo - Fiscal Policy and Private Investment in Developing Countries: Recent Evidence on Key Selected Issues; A.Chhibber and M.Dailami - Prices, Taxes and Planning; N.Stern - Recent Experience with Tax Reform in Developing Countries; W.R.Thirsk - The Fiscal System, Adjustment and the Poor; G.A.Cornia and F.Stewart