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008			170520s2017 dcu ob 001 0 eng d
040			_aEBLCP _beng _epn _cEBLCP _dYDX _dIDEBK _dMERUC _dCUY _dOCLCQ _dWRM _dCEF _dOTZ _dN$T
019			_a987686861 _a987891776 _a987984767
020			_a9781475599220 _q(electronic bk.)
020			_a1475599226 _q(electronic bk.)
020			_z1475599226
020			_z1475599048
020			_z9781475599046
024	7		_a10.5089/9781475599046.001 _2doi
035			_a1519172 _b(N$T)
043			_ad------
050		4	_aHC59.7
072		7	_aBUS _x069000 _2bisacsh
072		7	_aBUS _x055000 _2bisacsh
082	0	4	_a330.91724 _223
100	1		_aBaum, Anja, _eauthor. _9858914
245	1	0	_aCan They Do It All? : _bFiscal Space in Low-Income Countries / _cby Anja Baum, Andrew Hodge, Aiko Mineshima, Marialuz Moreno Badia, and René Tapsoba.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c2017.
300			_a1 online resource (41 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	1		_aIMF Working Paper ; _vWP/17/110
504			_aIncludes bibliographical references and index.
588	0		_aPrint version record.
505	0		_aCover; Contents; I. Introduction; II. Stylized Facts; III. Methodology; IV. Fiscal Behavior; V. Results; Baseline and Macroeconomic Uncertainty; Fiscal Behavior; Financing Mix and the Real Exchange Rate; Policy Scenarios; VI. Conclusions; References; Boxes; 1. Materialization of Contingent Liabilities in LICs: Some Examples; Figures; 1. Incremental Estimated Annual Investment Needs; 2. LICs: Decomposition of Government Debt Evolution; 3. Interest Growth Differentials; 4. LICs: Change in Real Exchange Rate; 5. LICs: Financing Mix of Sample Countries; 6. LICs: Real Interest Rate Differentials.
505	8		_a7. Volatilities of Macroeconomic Variables8. Largest Annual Changes on Tax Revenue; 9. LIC: Real GDP Growth; 10. Financial Depth, 2015; 11. Main Sources of Contingent Liabilities in Low-income Countries; 12. Materialization of Contingent Liabilities: Some Examples; 13. Illustration of Fiscal Space; 14. LICs: Fiscal Space; 15. LICs: Alternative Assumptions on Fiscal Behavior; 16. LICs: Fiscal Space under Different Fiscal Behavior; 17. LICs: Fiscal Space under Different Assumptions on Financing Mix and the Real Exchange Rate; 18. Fiscal Space, Interest Rate Differentials, and the Exchange Rate.
505	8		_a19. Increase of Fiscal Space under Scaling-Up of Public Investment20. Increase of Fiscal Space under DRM; A2.1. LICs: Residual Stock-Flow Adjustments; A3.1. Student's T-Distribution PDF; A3.2. Bolivia: Shocks to the Growth Rate; Tables; 1. Estimation Results for Fiscal Reaction Function; A4.1. Estimation Result for the Fiscal Reaction Function: Further Specifications; Appendices; I. Data; II. Stock Flow Adjustments and Contingent Liabilities; III. The Stochastic Simulation Model; IV. Fiscal Reaction Function: Econometric Issues and Robustness.
520	3		_aAccording to U.N. estimates, low-income countries will have to increase their annual public spending by up to 30 percent of GDP to achieve the Sustainable Development Goals (SDGs), raising the question of whether they can do it all. This paper develops a new metric of fiscal space in low-income countries that accounts for macroeconomic uncertainty, allowing us to assess whether those spending needs can be accommodated. Illustrative simulations based on this methodology imply that, even under benign conditions, the fiscal space available in lowincome countries is likely insufficient to undertake the spending needed to achieve the SDGs. Improving public investment efficiency and domestic revenue mobilization can somewhat narrow the gap but it will require major efforts relative to recent trends.
650		7	_aBUSINESS & ECONOMICS / Economics / General _2bisacsh _9206441
650		7	_aBUSINESS & ECONOMICS / Reference _2bisacsh _9206442
651		0	_aDeveloping countries _xEconomic conditions. _93991
650		0	_aFiscal policy _zDeveloping countries. _9536338
655		4	_aElectronic books. _9396
700	1		_aHodge, Andrew, _eauthor. _9858915
700	1		_aMineshima, Aiko, _eauthor. _9858916
776	0	8	_iPrint version: _aBaum, Anja. _tCan They Do It All? Fiscal Space in Low-Income Countries. _dWashington, D.C. : International Monetary Fund, ©2017 _z9781475599046
830		0	_aIMF working paper ; _vWP/17/110.
830		0	_aIMF Working Papers. _9703140
856	4	0	_3EBSCOhost _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1519172
938			_aEBL - Ebook Library _bEBLB _nEBL4860936
938			_aProQuest MyiLibrary Digital eBook Collection _bIDEB _ncis38211925
938			_aYBP Library Services _bYANK _n14455284
938			_aEBSCOhost _bEBSC _n1519172
999			_c665160 _d665160