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The Fiscal Dimensions of Adjustment in Low-Income Countries

Author

Listed:
  • Mr. Sanjeev Gupta
  • Mrs. Claire Liuksila
  • Mr. Henri Lorie
  • Mr. Walter Mahler
  • Mr. Karim A. Nashashibi

Abstract

A strengthened fiscal position is at the core of most economic adjustment programs supported by IMF lending, especially for the poorer countries that draw on the IMF's structural adjustment facilities. This paper reviews developments in 23 countries and evaluates their experience with fiscal and structural adjustment, including their efforts to design social safety nets to cushion the effects of adjustment.

Suggested Citation

  • Mr. Sanjeev Gupta & Mrs. Claire Liuksila & Mr. Henri Lorie & Mr. Walter Mahler & Mr. Karim A. Nashashibi, 1992. "The Fiscal Dimensions of Adjustment in Low-Income Countries," IMF Occasional Papers 1992/010, International Monetary Fund.
    • Handle: RePEc:imf:imfops:1992/010
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    Cited by:

    1. Jayne, T. S. & Govereh, J. & Mwanaumo, A. & Nyoro, J. K. & Chapoto, A., 2002. "False Promise or False Premise? The Experience of Food and Input Market Reform in Eastern and Southern Africa," World Development, Elsevier, vol. 30(11), pages 1967-1985, November.
    2. Mr. Peter S. Heller, 1997. "Fiscal Policy Management in an Open Capital Regime," IMF Working Papers 1997/020, International Monetary Fund.
    3. Jayne, Thomas S. & Mather, David & Mghenyi, Elliot W., 2006. "Smallholder Farming Under Increasingly Difficult Circumstances: Policy and Public Investment Priorities for Africa," Food Security International Development Policy Syntheses 54507, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    4. Jayne, T.S. & Mather, David & Mghenyi, Elliot, 2010. "Principal Challenges Confronting Smallholder Agriculture in Sub-Saharan Africa," World Development, Elsevier, vol. 38(10), pages 1384-1398, October.

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