The impact of the imf on government expenditures: A study of african LDCs

Harris, Geoff; Kusi, Newman Kwadwo

doi:10.1002/jid.3380040106

Cited by 13 publications

(5 citation statements)

References 6 publications

(3 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The World Bank (1994) found that when African countries lowered their budget deficits from 1981-86 to 1990-91, "most of the cuts were in capital spending" (p. 47). Harris and Kusi (1992) reach similar conclusions for a selected group of African countries. 7 We do know in reality that the composition of the net capital inflows account is very heterogeneous.…”

Section: (6)supporting

confidence: 76%

Macroeconomic Adjustment Under an External and Fiscal Constraint: A Fix-Price/Flex-Price Approach

Vera

2005

Metroeconomica

View full text Add to dashboard Cite

This paper presents a dual economy model of the fix-price/flex-price kind that explicitly allows for the existence of a government budget constraint in a fully open economy. Both the external and fiscal closures resemble very much the contemporary experience of several Latin American countries, where fiscal discipline and fix exchange rate systems have been the norm. Thus, within the public sector, it is assumed that public investment is the adjustment variable, while foreign reserves variation adjusts the external balance. Short-run impacts of policy-induced variables and changes in exogenous external financing are analysed. Relevant trade-offs, especially between output and inflation, follow from an analysis in which the time perspective is rather short. However, in the medium term, some balancing forces in the economy can moderate the trade-offs. We show among a wide range of events and policy options that this is the case of debt relief or a concerted lending strategy.

show abstract

Section: (6)supporting

confidence: 76%

Macroeconomic Adjustment Under an External and Fiscal Constraint: A Fix-Price/Flex-Price Approach

Vera

2005

Metroeconomica

View full text Add to dashboard Cite

show abstract

“…Further, against the critique that adjustment programs hurt the poor, Ferroni and Kanbur find no evidence to support this. On the contrary, the authors show that the average share of discretionary and real per capita expenditures for twenty African countries on education, health and agricultural services have actually risen'(if modestly) over the period 1980-87 (see also Harris and Kusi, 1992).…”

Section: Social Sectorsmentioning

confidence: 98%

Adjustment and Poverty: A Review of the African Experience*

Kayizzi-Mugerwa

Levin

1994

African Development Review

View full text Add to dashboard Cite

A bsfract: The social impacts of adjustment have received considerable research and policy attention in recent years. This paper is a review of recent studies on adjustment and poverty in Afirican countries. The ambition is to understand what determines the differences in outcomes in terms of the impacts on the vulnerable groups.Resunze: Les effets sociaux d'ajustement ont recu dans les annees recentes considerablement d'attention. Cet revu etudie I'ajustement et la pauvrete dans les pays africains. Le but est de comprendre ce qui determine les differents resultats en terme des effets sur les groupes vulnerables.

show abstract

“…The authors also show that program coun tries have relied more heavily than nonprogram countries on cuts in military spending to implement fiscal adjustment. See also Harris and Kusi (1992) for evidence of lower mili tary spending in African countries with IMF-supported programs.…”

Section: Does Conditionality In Adjustmentmentioning

confidence: 99%

Governance, Corruption, and Economic Performance

Gupta¹,

Abed²

2002

View full text Add to dashboard Cite

Until the 1980s, scholarly research on corruption was largely confined to the fields of sociology, political science, history, public administra tion, and criminal law. Since then, economists have also turned their interest to this topic, largely on account of its increasingly evident link to economic performance. Much of the early research1 focused on weaknesses in public institutions and distortions in economic policies that gave rise to rent seeking by public officials and the incubation of corrupt practices. It also highlighted some positive effects of corrup tion, which were discounted in the subsequent literature.Since the early 1990s, there has been a virtual explosion of acade mic writing on the economics of corruption. The initial thrust for this work came from the transformation of the socialist economies of the

show abstract

The impact of the imf on government expenditures: A study of african LDCs

Cited by 13 publications

References 6 publications

Macroeconomic Adjustment Under an External and Fiscal Constraint: A Fix-Price/Flex-Price Approach

Macroeconomic Adjustment Under an External and Fiscal Constraint: A Fix-Price/Flex-Price Approach

Adjustment and Poverty: A Review of the African Experience*

Governance, Corruption, and Economic Performance

Contact Info

Product

Resources

About