Public Expenditure Handbook : A Guide to Public Policy Issues in Developing Countries

INTERNATIONAL MONETARY FUND

• Publisher: INTERNATIONAL MONETARY FUND
• eBook ISBN:
  9781557752222
• Year: 1991

NONE

Table of Contents

Foreword

Vito Tanzi

Acknowledgement

Introduction

Ke-young Chu and Richard Hemming

Macroeconomic and Microeconomic Considerations

Positive and Normative Issues

Productive and Unproductive Expenditure

Overview of the Handbook

Framework for Public Expenditure Analysis

I. Public Expenditure and Sustainable Fiscal Policy

Richard Hemming and G.A. Mackenzie

Paying for Public Expenditure

Taxation

Deficit financing

Public Debt

Public debt dynamics

Public debt and inflation

Sustainability

II. Public Expenditure, Stabilization, and Structural Adjustment

Richard Hemming

Stabilization and Structural Adjustment Policies

Stabilization

Structural adjustment

Public Expenditure, Inflation and the Balance of Payments

Public Expenditure and Growth

Implications for Expenditure Policy

III. Public Expenditure and Resource Allocation

Richard Hemming

The Optimality of Competitive Markets

Market Failure

Public goods

Collective goods and externalities

Natural monopoly

Social insurance

Toward Allocative Efficiency

Distributional Objectives

Public Expenditure Growth

Analyzing Public Expenditure

IV. Public Expenditure Productivity

Richard Hemming, Daniel P. Hewitt, and G.A. Mackenzie

Defining Unproductive Expenditure

Public versus private provision

Allocative inefficiency

Productive inefficiency

Consistency between macroeconomic and microeconomic objectives

Identifying Unproductive Expenditure

V. Public Expenditure Measurement

Richard Hemming

The Level of Government

Off-Budget Expenditure

Social security

Government lending

Noncommercial activities of public enterprises

Other Off-Budget Activities

Regulation

Government loan guarantees

Tax Expenditures

Cost Recovery

The Impact of Transfers

Public Expenditure and Public Sector Output

Analysis of Major Expenditure Categori...

Table of contents

• Cover Page
• Title Page
• Copyright Page
• Tables of Contents
• Foreword
• Acknowledgement
• Introduction
• Framework for Public Expenditure Analysis
• I. Public Expenditure and Sustainable Fiscal Policy
• II. Public Expenditure, Stabilization, and Structural Adjustment
• III. Public Expenditure and Resource Allocation
• IV. Public Expenditure Productivity
• V. Public Expenditure Measurement
• Analysis of Major Expenditure Categories
• VI. Public Sector Employment
• VII. Public Sector Pay
• VIII. Operations and Maintenance
• IX. Price Subsidies
• X. Interest Payments
• XI. Transfers to Public Enterprises
• XII. Transfers to Local Governments
• XIII. Military Expenditure
• XIV. Public Investment
• Social Expenditure, Income Distribution, and Poverty
• XV. Health
• XVI. Education
• XVII. Pensions
• XVIII. The Distributional Impact of Public Expenditure
• XIX. Poverty and Social Security
• Policy Issues
• XX. Privatization
• XXII. Public Expenditure and the Environment
• XXIII. Expenditure Arrears
• XXIV. Debt Relief
• XXV. Fiscal Activities of Public Institutions