Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programmes to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services...

This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...

This paper examines the electoral cycle and the conduct of the central government’s fiscal policy. It uses a panel database with disaggregated spending and revenue series for 34 middle-income countries over 2000-2022. A dynamic panel approach was used to look at overall government spending and...

World poverty is well documented. It is estimated that 1.2 billion people live on less than a dollar a day ( Bryant & Kappaz, 2005, p. 17 ). Another one and a half billion people, who are not among the “extreme poor”, suffer “chronic financial hardship and a lack of basic amenities such as...