Fiscal Policy for Development Poverty, Reconstruction and Growth

Fiscal policy is critical to the development of poor countries. Public spending on pro-poor services and public goods must be increased, tax revenues must be mobilized, and macro-economic stabilization must be achieved without inhibiting growth, poverty reduction and post-conflict reconstruction. This book provides both a comprehensive and balanced guide to the current policy debate and new results on the development impact of fiscal policies. It is essential reading for students of development economics as well as all those seeking to improve policy-effectiveness.

Tony Addison is Deputy Director of the World Institute for Development Economics Research (WIDER) in Helsinki.

Alan Roe is a Director of Oxford Policy Management in the UK and a former Principal Economist at the World Bank.

Introduction--T.Addison & A.Roe * The Macroeconomics of Fiscal Policy in Developing Countries--R.Jha * Fiscal Policy Design in Low-Income Countries--C.S.Adam & D.L.Bevan * Fiscal Effects of Aid--M.McGillivray & O.Morrissey * Changing Approaches to Public Expenditure Management in Low-income Aid Dependent Countries--A.Fozzard & M.Foster * Taxation Policy in Low-Income Countries--C.Heady * Fiscal Policy in a Growth Framework--N.Gemmell * Fiscal Policy and Private Investment in Less Developed Countries--N.Hermes & R.Lensink * Assessing the Impact of Fiscal Policy on Poverty--A.McKay * Efficiency of Public Spending: New Microeconomic Tools to Assess Service Delivery--R.Reinikka & J.Svensson * Welfare Implications of Fiscal Reform: The Case of Food Subsidies in India--S.Bhalotra * The Fiscal Dimensions of Conflict and Reconstruction--T.Addison, A.R.Chowdhury & S.Mansoob Murshed * Fiscal Policy, Conflict, and Reconstruction in Burundi and Rwanda--L.Ndikumana