This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Understanding Fiscal Space

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Peter S. Heller

Additional information is available for the following registered author(s):

Abstract

With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal sustainability, describes alternative ways in which fiscal space can be created, and notes how the IMF can support appropriate efforts to create fiscal space. The paper underscores that the issues that arise in creating fiscal space are not novel, but have always confronted governments in judging whether there is scope for additional expenditure.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.imf.org/external/pubs/ft/pdp/2005/pdp04.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by International Monetary Fund in its series IMF Policy Discussion Papers with number 05/4.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 18 pages
Date of creation: 01 Apr 2005
Date of revision:
Handle: RePEc:imf:imfpdp:05/4

Contact details of provider:
Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Email:
Web page: http://www.imf.org/external/pubind.htm
More information through EDIRC

Order Information:
Web: http://www.imf.org/external/pubs/pubs/ord_info.htm

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: Fiscal policy ; Millennium Development Goals ; Fund-supported adjustment programs ;

Other versions of this item:

This paper has been announced in the following NEP Reports: References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Marianne Fay & Danny Leipziger & Quentin Wodon & Tito Yepes, 2003. "Achieving the Millennium Development Goals : The role of infrastructure," Policy Research Working Paper Series 3163, The World Bank. [Downloadable!]
  2. Stanley Fischer, 1993. "The Role of Macroeconomic Factors in Growth," NBER Working Papers 4565, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. César Calderón & Luis Servén, 2004. "The Effects of Infrastructure Development on Growth and Income Distribution," Working Papers Central Bank of Chile 270, Central Bank of Chile. [Downloadable!]
    Other versions:
  4. Nigel Andrew Chalk & Richard Hemming, 2000. "Assessing Fiscal Sustainability in Theory and Practice," IMF Working Papers 00/81, International Monetary Fund.
  5. Mohsin S. Khan & A. Senhadji Semlali, 2000. "Threshold Effects in the Relationship Between Inflation and Growth," IMF Working Papers 00/110, International Monetary Fund.
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Todd D. Mattina, 2006. "Money Isn't Everything: The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia," IMF Working Papers 06/192, International Monetary Fund. [Downloadable!]
  2. Xavier Debrun & Theo Thomas & Taline Koranchelian & Isabell Adenauer & Peter S. Heller & Menachem Katz, 2006. "Making Fiscal Space Happen: Managing Fiscal Policy in a World of Scaled-Up Aid," IMF Working Papers 06/270, International Monetary Fund. [Downloadable!]
    Other versions:
  3. Brownbridge, Martin & Canagarajah, Sudharshan, 2009. "How should fiscal policy respond to the economic crisis in the low income commonwealth of independent states ? some pointers from Tajikistan," Policy Research Working Paper Series 4970, The World Bank. [Downloadable!]
  4. Sylviane GUILLAUMONT JEANNENEY & Samuel GUERINEAU, 2007. "Can domestic debt contribute to the financing of the "Millennium Development Goals" ? The case of the West African Economic and Monetary Union (WAEMU)," Working Papers 200720, CERDI. [Downloadable!]
  5. Osakwe, Patrick N. & Ben Hammouda, Hakim, 2006. "Financing Development in Africa: Trends, Issues and Challenges," MPRA Paper 1815, University Library of Munich, Germany. [Downloadable!]
  6. Cassimon, Danny & van Campenhout, Bjorn, 2007. "Aid Effectiveness, Debt Relief and Public Finance Response: Evidence from a Panel of HIPCs," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  7. Bandiera, Luca & Budina, Nina & Klijn, Michel & van Wijnbergen, Sweder, 2007. "The"how to"of fiscal sustainability : a technical manual for using the fiscal sustainability tool," Policy Research Working Paper Series 4170, The World Bank. [Downloadable!]
  8. Budina, Nina & van Wijnbergen, Sweder, 2007. "Quantitative approaches to fiscal sustainability analysis : a new World Bank tool applied to Turkey," Policy Research Working Paper Series 4169, The World Bank. [Downloadable!]
  9. Danny Cassimon & Bjorn Van Campenhout, 2007. "Aid Effectiveness, Debt Relief and Public Finance Response: Evidence from a Panel of HIPC Countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 143(4), pages 742-763, December. [Downloadable!] (restricted)
  10. Richard Hughes & Alejandro Hajdenberg & Teresa Ter-Minassian, 2008. "Creating Sustainable Fiscal Space for Infrastructure: The Case of Tanzania," IMF Working Papers 08/256, International Monetary Fund. [Downloadable!]
Statistics
Access and download statistics

Did you know? The yearly budget of IDEAS is exactly $0: it relies entirely on volunteer work.

This page was last updated on 2009-12-2.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.