The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and...

Health care presents a daunting fiscal challenge in both advanced and emerging economies. This paper examines public spending pressures in health care over the next several decades and provides recommendations for reform. Using a methodology that improves upon earlier studies, the paper finds...

The paper investigates the impact of the global financial crisis on public-private partnerships (PPP's) and the circumstances under which providing support to new and existing projects is justified. Based on country evidence, cost of and access to finance are found to be the main channels of...

The paper investigates the impact of the global financial crisis on public-private partnerships (PPPs) and the circumstances under which providing support to new and existing projects is justified. Based on country evidence, cost of and access to finance are found to be the main channels of...

The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts - urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and...