02065cas a2200241 a 4500 AALejournalIMF006832 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842739 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Wage Expenditures of Central Governments. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (42 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 Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average). Regression analysis indicates that federations, countries with high populations and high per capita incomes, heavily indebted countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to private nonguaranteed foreign financing is associated with higher wage expenditures, while public and publicly guaranteed foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital projects. Medium-term structural adjustment programs, on average, have a negative association with wage expenditures, while short-term stabilization programs do not. The negative correlation between central government wage expenditures and per capita income appears related to the level of centralization of government expenditures. General government wage expenditures are higher in industrial countries than in developing countries. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1995/011 Full text available on IMF http://elibrary.imf.org/view/journals/001/1995/011/001.1995.issue-011-en.xml IMF e-Library