Description

A strengthened fiscal position is at the core of most economic adjustment programs supported by IMF lending, especially for the poorer countries that draw on the IMF's structural adjustment facilities. This paper reviews developments in 23 countries and evaluates their experience with fiscal and structural adjustment, including their efforts to design social safety nets to cushion the effects of adjustment.

Taxonomy

Economic policy , Fiscal policy

More publications in this series: Occasional Papers

More publications by: Sanjeev Gupta ; Claire Liuksila ; Henri Lorie ; Walter Mahler ; Karim A Nashashibi