Pamphlet Series

Fiscal Adjustment for Stability and Growth

By James Daniel

August 17, 2006

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Format: Chicago

James Daniel. Fiscal Adjustment for Stability and Growth, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Also available in: español, français

Summary

The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.

Subject: Expenditure, Fiscal consolidation, Fiscal policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Countercyclical fiscal policy, Debt, Financing, Fiscal consolidation, Fiscal policy adjustment, Global, Nonrenewable resource revenue, PAM, Policy objective, Price level, Tax, Taxpayer, Trader effort

Publication Details

  • Pages:

    76

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Pamphlet Series, No. 55

  • Stock No:

    P055EA

  • ISBN:

    9781589065130

  • ISSN:

    0538-8759

Notes

Also available in French and Spanish.