The Impact of Fiscal Consolidations on Growth in Sub Saharan Africa is popular PDF and ePub book, written by Francisco Arizala in 2017-12-15, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Impact of Fiscal Consolidations on Growth in Sub Saharan Africa can be Read Online from any device for your convenience.
The Impact of Fiscal Consolidations on Growth in Sub Saharan Africa Book PDF Summary
This paper examines the output effects of changes in public expenditure and revenue in sub-Saharan African countries during 1990–2016. Fiscal multipliers in sub-Saharan Africa are somewhat smaller than those in advanced and emerging economies. The effect of changes in fiscal policy on output depends on the composition: cutting public investment has a larger effect on output than cutting public consumption or raising revenue. Episodes of fiscal consolidation have short- and medium-term output effects, but here, too, composition matters: fiscal consolidations based on reducing public investment have the largest effect on output, while fiscal consolidations based on revenue mobilization are less harmful than those based on public investment cuts. These findings suggest that the negative impact on growth can be mitigated through the design of fiscal adjustment and the accompanying policy environment.
Detail Book of The Impact of Fiscal Consolidations on Growth in Sub Saharan Africa PDF
- Author : Francisco Arizala
- Release : 15 December 2017
- Publisher : International Monetary Fund
- ISBN : 9781484333594
- Genre : Business & Economics
- Total Page : 32 pages
- Language : English
- PDF File Size : 15,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book The Impact of Fiscal Consolidations on Growth in Sub Saharan Africa by Francisco Arizala, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.