01792cas a2200265 a 4500 AALejournalIMF004703 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451865851 1018-5941 BD-DhAAL BD-DhAAL Clements, Benedict. Public Expenditure in Latin America : Trends and Key Policy Issues / Benedict Clements, Christopher Faircloth, Marijn Verhoeven. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spending, in particular for social expenditures. Fluctuations in real spending have continued to follow a procyclical pattern. The paper finds that there is substantial scope to improve the efficiency of public investment, public employment, and social spending. Mode of access: Internet Faircloth, Christopher. Verhoeven, Marijn. IMF Working Papers; Working Paper ; No. 2007/021 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/021/001.2007.issue-021-en.xml IMF e-Library