000			02776cam a22004335i 4500
001			902
003			US-djbf
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007			cr cn|||||||||
008			020129s1997 dcu o i001 0 eng
020			_a0821339656 _c14.99 USD
020			_z9780821339657
024	8		_a10.1596/0-8213-3965-6
035			_a(The World Bank)902
040			_aDJBF _beng _cDJBF _erda
100	1		_aDatta-Mitra, Jayati. _95798
245	1	0	_aFiscal Management in Adjustment Lending / _cDatta-Mitra, Jayati
264		1	_aWashington, D.C. : _bThe World Bank, _c1997
300			_a1 online resource (190 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aIndependent Evaluation Group Studies
520	3		_aThis 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. The study offers the following recommendations for the Bank and its borrowers: 1) Estimate the level of the sustainable deficit and provide guidelines for achieving it in Bank economic and sector work and adjustment lending. 2) Improve sequencing of tax reform. 3) Consider explicitly the role of the state and the appropriate mix of public/private provision of services in recommending public expenditure reform. 4) Include poverty alleviation and equity objectives in public expenditure reform. 5) Build adequate monitoring and performance indicators for both tax and expenditure reforms. 6) Enhance Bank-Fund coordination, in support of the Fund's lead role in giving fiscal advice, by strengthening the Bank's ability to analyze taxes and expenditures.
588			_aDescription based on print version record.
650		4	_aBanks and Banking Reform _95799
650		4	_aDebt Markets _95800
650		4	_aFinance and Financial Sector Development _95801
650		4	_aFiscal Adjustment _95802
650		4	_aMacroeconomics and Economic Growth _95803
650		4	_aPublic finance _95804
650		4	_aPublic Sector _95805
700	1		_aDatta-Mitra, Jayati. _95798
776	0	8	_aPrint Version: _z9780821339657
830		0	_aIndependent Evaluation Group Studies _95806
830		0	_aWorld Bank e-Library. _95807
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/0-8213-3965-6
999			_c2536 _d2536