01847cas a2200277 a 4500 AALejournalIMF013076 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589064966 0251-6365 BD-DhAAL BD-DhAAL Martijn, Jan. Designing Monetary and Fiscal Policy in Low-Income Countries / Jan Martijn, Gabriel Di Bella, Shamsuddin Tareq, Benedict Clements. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (58 pages) Occasional 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 Macroeconomic outcomes in low-income countries (LICs) have improved markedly in recent years, but important questions remain regarding possible adjustments in the design of IMF-supported programs in such countries. This paper draws on a review of the literature as well as the experience of 15 LICs that have attained some degree of macroeconomic stability to discuss, for example, the appropriate target range for inflation in shock-prone LICs; whether countries should use fiscal space to cut excessive tax burdens, reduce high debt levels, or raise public spending; and how the effectiveness of public expenditures can be improved. Mode of access: Internet Clements, Benedict. Di Bella, Gabriel. Tareq, Shamsuddin. Occasional Papers; Occasional Paper ; No. 2006/005 Full text available on IMF http://elibrary.imf.org/view/books/084/01674-9781589064966-en/01674-9781589064966-en-book.xml IMF e-Library