UNU Policy Brief Number 5, 2006
Addison, Tony, Roe, Alan and Smith, Matthew (2006). UNU Policy Brief Number 5, 2006. Policy Briefs. United Nations University.
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Sub-type Policy brief Author Addison, Tony
Roe, Alan
Smith, MatthewTitle UNU Policy Brief Number 5, 2006 Series Title Policy Briefs Publication Date 2006 Place of Publication Finland Publisher United Nations University Pages VIII, 8 Language eng Abstract Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And large-scale aid and debt relief cannot work without a good fiscal system. The macroeconomic frameworks of many poor countries are improving, but fiscal policy’s full potential will not be realized until good and accountable expenditure and taxation systems are built. Good fiscal policy can raise economic with through well-chosen public investments provided that the spending is large enough. with itself increases the tax base generating the potential for higher public spending on poverty reduction. Fiscal reform can be a tool for peace when an unfair distribution of spending and taxation generates grievances that turn violent. Overall, fiscal policy reveals more about the political priorities underpinning a country’s development strategy than any other area of policymaking. UNBIS Thesaurus ECONOMIC GROWTH
RECONSTRUCTION
FISCAL POLICY
POVERTYCopyright Holder United Nations University Copyright Year 2006 Copyright type All rights reserved ISSN 18148026 ISBN 9280830198 -
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