Fiscal Policy and Economic Development

Fiscal Policy and Economic Development PDF Author: Mr.Peter Rangazas
Publisher: International Monetary Fund
ISBN: 1451870132
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today's developing countries have larger government sectors than did today's developed countries at similar stages of development. The explanations for these facts are based on the structural transformation from traditional (mostly agricultural) to modern (industrial and post-industrial) production, rising public infrastructure investment, and less representative governments in many of today's developing economies.

Fiscal Policy and Economic Development

Fiscal Policy and Economic Development PDF Author: Mr.Peter Rangazas
Publisher: International Monetary Fund
ISBN: 1451870132
Category : Business & Economics
Languages : en
Pages : 35

Get Book Here

Book Description
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today's developing countries have larger government sectors than did today's developed countries at similar stages of development. The explanations for these facts are based on the structural transformation from traditional (mostly agricultural) to modern (industrial and post-industrial) production, rising public infrastructure investment, and less representative governments in many of today's developing economies.

Fiscal Policy and Economic Development in Developing Countries

Fiscal Policy and Economic Development in Developing Countries PDF Author: R. D. Maurya
Publisher:
ISBN: 9788185076720
Category :
Languages : en
Pages : 426

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Book Description


Tax Policy and Economic Development

Tax Policy and Economic Development PDF Author: Richard Miller Bird
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
Evaluation of the unique conditions that apply to developing nations and an examination of their impact on both the kinds of taxes that may be raised and the effective administration of tax policy.

Policies for Economic Development

Policies for Economic Development PDF Author: Stanley Fischer
Publisher:
ISBN:
Category : Desarrollo economico
Languages : en
Pages : 46

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Book Description
The economic policies developing countries should follow to sustain economic growth and development.

Government Finance in Developing Countries

Government Finance in Developing Countries PDF Author: Richard Goode
Publisher: Brookings Institution Press
ISBN: 9780815715719
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
Fiscal systems throughout the world have been severely strained in recent years, as governments have assumed more responsibility for economic management. The developing counties, where needs are greatest and resources scarcest, have found their finances especially hard pressed. This book examines a range of issues in government finance that confront developing countries: the formulation and execution of national budget; the objectives, size, and effects of expenditures; the purposes and results of various ways of taxing income, wealth, consumption, exports, or natural resources; the role of foreign and domestic borrowings; and the consequences of financing by money creation. The book also relates fiscal operations to goals such as growth and development, economic stabilization, equitable distribution, and national self-reliance. The author stresses the need to take account of economic and political conditions and particularly administrative capacity when evaluating the suitability of fiscal measures in developing countries.

Is Fiscal Policy the Answer?

Is Fiscal Policy the Answer? PDF Author: Blanca Moreno-Dodson
Publisher: World Bank Publications
ISBN: 0821396315
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
The effects of fiscal policy measures, both taxes and public spending, adopted by developing countries in response to the 2009 global crisis are still uncertain. This book discusses them using an analytical framework that allows for distilling possible implications on growth and social welfare.

Fiscal and Monetary Policies in Developing Countries

Fiscal and Monetary Policies in Developing Countries PDF Author: Rashed Al Mahmud Titumir
Publisher: Routledge
ISBN: 1000511235
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
The COVID-19 crisis has fractured the pre-existing structural rigidities and institutional fragilities in the economies of developing countries more than ever, necessitating a rethinking of fiscal and monetary policies, the main vehicles for relief, recovery and reconstruction. This book examines the barriers to transformation in developing countries in the wake of the pandemic and analyses the paths to recovery based on an economic policymaking agenda. It juxtaposes fiscal and monetary policies and state-building from pre- and post-colonial periods to the present-day context. It employs an interdisciplinary approach and ventures beyond the well-rehearsed tendency to explain the state of developing countries by considering the experiences of advanced economies. The book utilises data on three levels: the aggregate level using world data, the single-country context with case studies and a cross-country assessment for comparative analysis. Further, the book critically assesses the relevance of different schools of thought and provides nuanced, thought-provoking theoretical apparatuses applicable to developing countries, as well as allowing the reader to undertake a country-specific analysis through the detailed historical country case studies undertaken in each chapter. Each chapter has a detailed and separate theoretical and empirical section for the ease of understanding of the key propositions in the book. The book will find an audience among scholars and researchers alike, who wish to gain a deeper understanding of the formulation of fiscal and monetary policies, specifically in developing countries. For policymakers and policy advocates, the book will serve as the groundwork for monetary and fiscal policies in the context of developing countries, providing more relevant instruments for transformational pathways.

Public Sector Economics for Developing Countries

Public Sector Economics for Developing Countries PDF Author: Michael Howard
Publisher:
ISBN: 9789766400910
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
A discussion of the impact of government revenues and expenditures on economic activity, with special reference to developing countries. Michael Howard raises theoretical and empirical issues relating to the role of the public sector in economic development.

New Fiscal and Economic Strategies for Growth in Developing Countries

New Fiscal and Economic Strategies for Growth in Developing Countries PDF Author: S. S. Kothari
Publisher: Oxford University Press, USA
ISBN:
Category : Language Arts & Disciplines
Languages : en
Pages : 336

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Book Description
This study analyses recent changes in India's economic policy and performance, and their implications for economic growth in the nineties, focusing on economic liberalization and the transition from a command to market economy. The author believes that the recent liberalization and rationalization in economic policies in general and fiscal policies in particular have boosted the performance of the Indian economy and further liberalization will enable it to perform significantly better as the decade proceeds. Although the major part of the discussion revolves around India, the principles and strategies discussed are largely applicable to most developing countries of South and South-East Asia. The book is divided into two parts and covers a wide canvas. Part I discusses inter alia the growth theories, models, and principal doctrines of leading growth economists like Arthur Lewis, Rostow, Schumpeter, Nurkse, and Galbraith, and provides a historical perspective covering a period of about two centuries which saw the emergence of Capitalism, Socialism, Mixed Economy, and the ideas and theories of Adam Smith, Keynes, Marx, Mill, Milton Friedman, and others. Against this backdrop it analyses the macroeconomic aspects of economic policies and problems confronting developing countries, advocates remedial measures and planning strategies to accelerate the momentum of growth, and provides a critical analysis of the existing policy framework and performance of the Indian economy per se and in the context of the international economic environment in which it operates. Part II is concerned with fiscal policies for growth in developing economies, including evaluation and suggestions for reform of theIndian tax system. Of particular interest is discussion of two canons of taxation based on empirical evidence and an original theory of the Corporate Nucleus Capital (CNC) Super-Multiplier advanced as a useful instrument of fiscal policy in Chapter 20. The penultimate chapter discusses current economic perceptions and future perspectives for the country, including the need for a synthesis between employment and growth; the final one providing an overview of the New Economic Policy enunciated in June 1991. Pleasantly and accessibly written, the work as a whole thus juxtaposes the present and projections of the future with the historical backdrop to provide a well-rounded picture, replete with rich and practical insight. It will therefore appeal not only to economists and government planners but also students and others interested in the growth prospects of India and other developing countries.

Fiscal and Monetary Policies and Problems in Developing Countries

Fiscal and Monetary Policies and Problems in Developing Countries PDF Author: Eprime Eshag
Publisher: Cambridge University Press
ISBN: 9780521270496
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
Consideration on the use of fiscal and monetary policies in less developed countries to overcome the three sets of obstacles to development largely because of socio-political constraints. The three major obstacles to development are: inadequate investment; misallocation of investment resources; and internal and external imbalance i.e. inflation and balance of payments deficits.