Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries

Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries
This paper assesses the effects of expenditure composition as well as fiscal adjustment on economic growth in a sample of 39 low-income countries during the 1990s. The paper finds that strong budgetary positions and fiscal consolidation are generally associated with higher economic growth in both the short and long terms. The composition of... READ MORE...

Publication date: April 2002
ISBN 9781451850000
$15.00

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