UNU Policy Brief Number 6, 2006

Timmermann, Martina, Sterwe, Helena and Sharma, Prakhar (2006). UNU Policy Brief Number 6, 2006. Policy Briefs. United Nations University.

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  • Sub-type Policy brief
    Author Timmermann, Martina
    Sterwe, Helena
    Sharma, Prakhar
    Title UNU Policy Brief Number 6, 2006
    Series Title Policy Briefs
    Publication Date 2006
    Place of Publication Japan
    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.
    Copyright Holder United Nations University
    Copyright Year 2006
    Copyright type All rights reserved
    ISSN 18148026
    ISBN 1092808302
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    Created: Thu, 02 Dec 2021, 14:28:12 JST