Fiscal management in adjustment lending /
Datta Mitra, Jayati.
Fiscal management in adjustment lending / - Washington, D.C. : World Bank, 1997. - xviii, 179 p. : - A World Bank operations evaluation study, .
Includes bibliographical references.
This study analyzes the World Bank's experience with fiscal management in 250 adjustment operations in 86 countries. It examines the fiscal records in a sample of 26 countries grouped by region, portfolio characteristics, and economic traits. The study confirms that fiscal deficit reduction is associated with improved external balances and economic growth and that it takes sustained, long-term effort, and continual vigilance against reversals. Fiscal mismanagement, not exogenous shocks, was the principal cause of persistent budget deficits.
0821339656 (pbk.) 9780821339657 (pbk.)
Fiscal policy
Loans, Foreign
Budget deficits
Structural adjustment (Economic policy)
HJ1620 / .D377 1997
332.1'532 / DAT
Fiscal management in adjustment lending / - Washington, D.C. : World Bank, 1997. - xviii, 179 p. : - A World Bank operations evaluation study, .
Includes bibliographical references.
This study analyzes the World Bank's experience with fiscal management in 250 adjustment operations in 86 countries. It examines the fiscal records in a sample of 26 countries grouped by region, portfolio characteristics, and economic traits. The study confirms that fiscal deficit reduction is associated with improved external balances and economic growth and that it takes sustained, long-term effort, and continual vigilance against reversals. Fiscal mismanagement, not exogenous shocks, was the principal cause of persistent budget deficits.
0821339656 (pbk.) 9780821339657 (pbk.)
Fiscal policy
Loans, Foreign
Budget deficits
Structural adjustment (Economic policy)
HJ1620 / .D377 1997
332.1'532 / DAT