Liberal opinion holds that the international monetary and financial system is a device for promoting…
Prioritizing Expenditures for a Recovery for All Isabel Ortiz, Jingqing Chai, Mathew Cummins, Gabriel Vergara
This UNICEF paper examines government expenditure projections for 126 low and middle income countries and their potential implications for children and poor households during the ongoing fragile economic recovery. While recognizing the importance of macroeconomic stability, the paper questions if the projected fiscal adjustment trajectory in a number of countries is conducive to the objective of protecting vulnerable households and the achievement of development goals such as the MDGs. (Financing options for pro-poor social spending are also explored).
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