Cyclical Patterns of Government Expenditures in Sub-Saharan Africa Facts and Factors
| Author/creator | Yackovlev, Irene Author |
| Other author | Lledo, Victor Duarte Author |
| Other author | Gadenne, Lucie Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 69 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation This paper documents cyclical patterns of government expenditures in sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity, it finds government expenditures to be slightly more procyclical in sub-Saharan Africa than in other developing countries and some evidence that procyclicality in Africa has declined in recent years after a period of sharp increase through the 1990s. Greater fiscal space, proxied by lower external debt, and better access to concessional financing, proxied by larger aid flows, seem to be important factors in diminishing procyclicality in the region. the role of institutions is less clear cut: changes in political institutions have no impact on procyclicality. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451918359 |
| ISBN | 1451918356 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |