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Fiscal Policy in Developing Countries: A Synoptic View
| Content Provider | Semantic Scholar |
|---|---|
| Author | Jha, Raghbendra |
| Copyright Year | 2007 |
| Abstract | This paper presents a broad overview of fiscal issues confronting developing countries. Three of these are (i) developing countries have low tax/GDP and expenditure/GDP ratios compared to developed countries, even though developing countries need more public expenditure; (ii) developing country fiscal stance is often pro-cyclical; (iii) developing country tax resources are more volatile than those of developed countries. I also consider the issue of budgetary deficits and problems arising therefrom in developing countries. I then discuss some widely accepted norms for tax and expenditure reforms as also some issues of intergovernmental transfers in federal developing countries. |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.978101 |
| Alternate Webpage(s) | https://crawford.anu.edu.au/acde/asarc/pdf/papers/2007/WP2007_01.pdf |
| Alternate Webpage(s) | https://doi.org/10.2139/ssrn.978101 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
