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Are Donor Countries Giving More or Less Aid?

by Sanjeev Gupta Catherine Pattillo Smita Wagh

A report from the International Monetary Fund.

Corruption and Military Spending

by Sanjeev Gupta Luiz De Mello Raju Sharan

A report from the International Monetary Fund.

Does Corruption Affect Income Inequality and Poverty?

by Sanjeev Gupta Hamid Davoodi Rosa Alonso-Terme

A report from the International Monetary Fund.

Efficiency-Adjusted Public Capital and Growth

by Sanjeev Gupta Alvar Kangur Chris Papageorgiou Abdoul Wane

A report from the International Monetary Fund.

Energy Subsidy Reform: Lessons and Implications

by Carlo Sdralevich Trevor Alleyne Sanjeev Gupta Stefania Fabrizio David Coady Benedict Clements

Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most subsidy benefits are captured by higher-income households, reinforcing inequality. Even future generations are affected through the damaging effects of increased energy consumption on global warming. This book provides (1) the most comprehensive estimates of energy subsidies currently available for 176 countries and (2) an analysis of 'how to do' energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Equitable and Sustainable Pensions: Challenges and Experience

by Sanjeev Gupta Benedict Clements Frank Eich

A report from the International Monetary Fund.

Equity and Efficiency in the Reform of Price Subsidies

by Juan Pablo Cordoba Robert Gillingham Sanjeev Gupta

A report from the International Monetary Fund.

The Fiscal Dimensions of Adjustment in Low-Income Countries

by Karim Nashashihi Sanjeev Gupta Claire Liuksila Henri Lorie Walter Mahler

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.

Fiscal Management of Scaled-Up Aid

by Sanjeev Gupta Gerd Schwartz Shamsuddin Tareq Richard Allen Isabell Adenauer Kevin Fletcher Duncan Last

The international community has committed to scaling up aid and improving aid delivery to low-income countries to help them meet the Millennium Development Goals. Other "emerging" donors, public and private, are increasing their assistance, and debt-relief initiatives are creating space for new borrowing. Remittances to low-income countries have been on a precipitous rise, and many countries are benefiting from high commodity prices. Fiscal Management of Scaled-Up Aid explores approaches to the sound fiscal management that will be required to ensure effective and sustainable use of these flows. With a medium-term perspective and efficient use of resources in mind, this paper addresses questions that shape fiscal policy response to scaled-up aid. Drawing on IMF Fiscal Affairs Department technical assistance to member countries, it outlines factors that should be taken into account in preparing an action plan for public financial management reform and proposes specific measures that will assist countries in strengthening fiscal institutions

Governance, Corruption, and Economic Performance

by George T. Abed Sanjeev Gupta

This book brings together a range of research studies carried out by the IMF with the objective of promoting good governance in member countries in order to increase economic growth and reduce poverty. Topics discussed include: the causes and consequences of corruption; its impact on public finances and the provision of public services, tax revenues, income equality and poverty; and the issue of governance in transition economies.

IMF Policy Discussion Paper

by Peter S. Heller Sanjeev Gupta

A report from the International Monetary Fund.

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