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Analyzing Fiscal Space Using the MAMS Model.
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education spending,...
| Cote: | Libro Electrónico |
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| Auteur principal: | |
| Format: | Électronique eBook |
| Langue: | Inglés |
| Publié: |
Washington :
International Monetary Fund,
2009.
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| Collection: | IMF Working Papers.
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| Sujets: | |
| Accès en ligne: | Texto completo |
Table des matières:
- Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Defining Fiscal Space; III. The Mams Model and Burkina Faso Calibration; A. Features of MAMS; B. Baseline Calibration of MAMS; 1. MAMS Baseline Calibration and IMF Forecasts; 2. Structural Change in the MAMS Baseline Simulation; 1. Factor Intensity by Sector; IV. Creating Fiscal Space; A. Prioritizing Expenditures; 3. Fiscal Space in the Prioritized Scenario; B. Increasing Aid Inflows; 4. Fiscal Space in the Aid Scenario; C. Raising Domestic Revenue; 5. Fiscal Space in the Revenue Scenario, 2007-30.
- D. Comparing Gains in Fiscal Space6. Comparing Fiscal Space in Priority, Aid, and Revenue Scenarios; 7. Fiscal Space and Targeted Spending Increases; E. Macroeconomic Impact; 8. Cumulative Change in Real GDP, 2007-30; 9. Real GDP, 2007-30; 10. Trade Balance and Absorption; 11. Reallocation of Factors Across Sectors in the Aid Scenario; 12. Real Exchange Rate Adjustment; F. Impact on Income Distribution; 13. Impact on Income Distribution by Household Type; G. Impact on MDGs; 14. National Poverty Rate and Food Prices; 15. Poverty Rates by Household Group; 16. Education and Health MDG Indicators.
- V. Using Fiscal SpaceA. Human Development Spending Versus Infrastructure Spending; 17. Human Development vs. Infrastructure Spending; B. Macroeconomic Impact; 18. Real GDP Impact; 19. Balance of Payments Indicators; C. Impact on Income distribution; 20. Impact on Income Distribution by Household Type; D. Impact on MDGs; 21. Poverty Impact; 22. Education and Health MDG Indicators; VI. Lessons; I. Modeling of MDG Sectors in MAMS; II. Budget Composition in Burkina Faso; References; Footnotes.