English, Article, Journal or magazine article edition: Fiscal Policy in Developing Countries: A Synoptic View Raghbendra Jha

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Bookmark: http://trove.nla.gov.au/version/41838
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Fiscal Policy in Developing Countries: A Synoptic View
Author
  • Raghbendra Jha
Physical Description
  • preprint
Notes
  • This paper presents a broad overview of fiscal issues confronting developing countries. Three of these are (i) developing countries have low tax/​GDP and expenditure/​GDP ratios compared to developed countries, even though developing countries need more public expenditure; (ii) developing country fiscal stance is often pro-cyclical; (iii) developing country tax resources are more volatile than those of developed countries. I also consider the issue of budgetary deficits and problems arising therefrom in developing countries. I then discuss some widely accepted norms for tax and expenditure reforms as also some issues of intergovernmental transfers in federal developing countries.
  • Fiscal Policy, tax, expenditure, fiscal transfers
  • RePEc:pas:asarcc:2007-01
Language
  • English
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