Public Policy Fundamentals for Sustainable and Inclusive Growth

Pakistan has seen strong economic growth in recent years accompanied by a reduction in poverty. However, growth has been concentrated, which has meant that regional and inter-personal disparities are on the rise. In a contestable political environment, this casts a shadow on the sustainability of hi...

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Main Author:	Nabi, Ijaz
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Business Fluctuations Cycles E320 Tax Evasion H260 National Budget Budget Systems H610 Macroeconomic Analyses of Economic Development O110 Fiscal and Monetary Policy in Development O230 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
Online Access:	http://hdl.handle.net/10986/4793

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recordtype	oai_dc
spelling	okr-10986-47932021-04-23T14:02:19Z Public Policy Fundamentals for Sustainable and Inclusive Growth Nabi, Ijaz Business Fluctuations Cycles E320 Tax Evasion H260 National Budget Budget Systems H610 Macroeconomic Analyses of Economic Development O110 Fiscal and Monetary Policy in Development O230 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Pakistan has seen strong economic growth in recent years accompanied by a reduction in poverty. However, growth has been concentrated, which has meant that regional and inter-personal disparities are on the rise. In a contestable political environment, this casts a shadow on the sustainability of high growth. The budget, a corrective instrument, has been subject to boom and bust cycles because of rigid claims, poor tax effort, and external shocks, rendering it ineffective in addressing long term priorities. This paper argues that robust budgets for sustained and inclusive growth require government programs to be credible (monitoring and evaluation and public information) and cost effective (streamlined budget cycle, public-private partnerships); this will help increase citizen willingness to pay for public programs via improved tax compliance. 2012-03-30T07:29:46Z 2012-03-30T07:29:46Z 2008 Journal Article Lahore Journal of Economics 18115438 http://hdl.handle.net/10986/4793 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Pakistan
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Business Fluctuations Cycles E320 Tax Evasion H260 National Budget Budget Systems H610 Macroeconomic Analyses of Economic Development O110 Fiscal and Monetary Policy in Development O230 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
spellingShingle	Business Fluctuations Cycles E320 Tax Evasion H260 National Budget Budget Systems H610 Macroeconomic Analyses of Economic Development O110 Fiscal and Monetary Policy in Development O230 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Nabi, Ijaz Public Policy Fundamentals for Sustainable and Inclusive Growth
geographic_facet	Pakistan
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Pakistan has seen strong economic growth in recent years accompanied by a reduction in poverty. However, growth has been concentrated, which has meant that regional and inter-personal disparities are on the rise. In a contestable political environment, this casts a shadow on the sustainability of high growth. The budget, a corrective instrument, has been subject to boom and bust cycles because of rigid claims, poor tax effort, and external shocks, rendering it ineffective in addressing long term priorities. This paper argues that robust budgets for sustained and inclusive growth require government programs to be credible (monitoring and evaluation and public information) and cost effective (streamlined budget cycle, public-private partnerships); this will help increase citizen willingness to pay for public programs via improved tax compliance.
format	Journal Article
author	Nabi, Ijaz
author_facet	Nabi, Ijaz
author_sort	Nabi, Ijaz
title	Public Policy Fundamentals for Sustainable and Inclusive Growth
title_short	Public Policy Fundamentals for Sustainable and Inclusive Growth
title_full	Public Policy Fundamentals for Sustainable and Inclusive Growth
title_fullStr	Public Policy Fundamentals for Sustainable and Inclusive Growth
title_full_unstemmed	Public Policy Fundamentals for Sustainable and Inclusive Growth
title_sort	public policy fundamentals for sustainable and inclusive growth
publishDate	2012
url	http://hdl.handle.net/10986/4793
_version_	1764392784668655616

Public Policy Fundamentals for Sustainable and Inclusive Growth

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