Lledo, Victor Duarte; Poplawski-Ribeiro, Marcos - International Monetary Fund (IMF) - 2011
This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub …-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more … improve the quality and timeliness of economic data; enhance forecasting capacity; adopt realistic fiscal plans; and …