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| Fiscal Adjustment
in IMF-Supported Program |
Meeting |
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| Exclusive meeting |
September 25, 2003 |
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IMF |
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| The seminar
will focus on two sets of controversial issues: The first concerns the quantitative
dimension of fiscal adjustment: whether, as some critics contend, fiscal
adjustment in IMF-supported programs (i) suffers from a "one-size-fits-all"
approach; (ii) is insufficiently flexible; and (iii) is often unnecessarily
contractionary. The second is the qualitative dimension: whether the efficiency,
sustainability, and equity of fiscal adjustment could have been improved
by using a different sequence and composition of policy measures on the
revenue and expenditure side. |
11:00 AM -
12:30 PM |
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| Mr.
Selowsky |
Assistant
Director |
Independent
Evaluation Office (IEO) |
Speaker |
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| Jean-Pierre
Cling |
Director |
DIAL |
Discussants |
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| Jérôme Sgard |
Economist |
CEPII |
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