Publication:
Jamaica : Fiscal Consolidation for Growth and Poverty Reduction, A Public Expenditure Review

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-20T17:50:40Z
dc.date.available2012-06-20T17:50:40Z
dc.date.issued2005-02
dc.description.abstractThis Public Expenditure Review (PER) builds on the commitments of the 2003 Country Economic Memorandum (CEM), and 2002 Country Assistance Strategy (CAS) Progress Report, being its primary objective to assess strengths and weaknesses in key areas of public expenditure, and identify policy options for fiscal sustainability. Jamaica's high debt aggravates debt sustainability and efforts to improve growth. Revenue performance is also a weak element in the country's overall fiscal framework, while the current level of public sector investment is too low to support strong sustained growth. Amidst mounting fiscal problems, the Government has been unable to spend the necessary on social sectors, and this has in turn catalyzed some innovative thinking on how to raise resources, and private sector involvement. Moreover, the effectiveness of the budget as a tool for fiscal policy has been muted by its perceived low credibility. The report suggests focusing on reconciling expenditure commitments to improve budget credibility, including direct and contingent commitments. This implies increased fiscal discipline, and improved expenditure management across all levels of government. Furthermore, the government should avoid the use of the capital budget as a de-facto contingency fund; rather, it should be a strategic development tool in the context of a live Public Sector Investment Program. Recommendations towards fiscal consolidation and a debt-reducing economic strategy, include reducing vulnerability, and the bilateral debt; increasing revenues and rationalizing Government expenditures to generate further growth; rationalizing education and health expenditures; and, improving the institutional framework for public expenditure management.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/02/5752123/jamaica-fiscal-consolidation-growth-poverty-reduction-public-expenditure-review
dc.identifier.doi10.1596/8537
dc.identifier.urihttps://hdl.handle.net/10986/8537
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.relation.ispartofseriesPublic expenditure review (PER);
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFISCAL
dc.subjectPOVERTY REDUCTION
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW; BUDGET MANAGEMENT; CAPITAL BUDGETS; SOCIAL SECTOR INVESTMENT; FISCAL SUSTAINABILITY;ACCOUNTABILITY
dc.subjectADJUSTMENT LENDING
dc.subjectAGRICULTURAL PRACTICES
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectARSENIC
dc.subjectBIRTH RATE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPITA INCOME
dc.subjectCIVIL SOCIETY
dc.subjectCOMMODITIES
dc.subjectCOMMUNITY LEVEL
dc.subjectCONSULTATION PROCESS
dc.subjectCORRUPTION
dc.subjectCOST OF LIVING
dc.subjectCREDIT SCHEMES
dc.subjectCULTIVABLE LAND
dc.subjectDECISION MAKING
dc.subjectDEVELOPMENT PARTNERS
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDEVELOPMENT STUDIES
dc.subjectDIET
dc.subjectDISABILITIES
dc.subjectDISASTERS
dc.subjectDISCRIMINATION
dc.subjectDIVERSIFICATION
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMICS
dc.subjectEFFECTIVE USE
dc.subjectEMPLOYMENT
dc.subjectENDOWMENTS
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE SURVEY
dc.subjectEXPLOITATION
dc.subjectEXTENSION
dc.subjectEXTENSION SERVICES
dc.subjectEXTERNAL CONDITIONS
dc.subjectFARMERS
dc.subjectFINANCIAL AID
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL SECTOR
dc.subjectFISH
dc.subjectFISHERIES
dc.subjectFISHING
dc.subjectFULL PARTICIPATION
dc.subjectGENDER
dc.subjectGENDER INEQUALITY
dc.subjectHEALTH SERVICE
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSING
dc.subjectHUMAN CAPACITY
dc.subjectHUMAN DEVELOPMENT
dc.subjectILLITERACY
dc.subjectIMPACT ASSESSMENT
dc.subjectIMPROVING GOVERNANCE
dc.subjectIMPROVING GOVERNANCE
dc.subjectINCOME
dc.subjectINCOME/PURCHASING
dc.subjectINCOME/PURCHASING POWER
dc.subjectINEQUALITY
dc.subjectINFLATION
dc.subjectINSTITUTIONAL ARRANGEMENTS
dc.subjectINTEGRATION
dc.subjectINTEREST RATES
dc.subjectINTERMEDIARIES
dc.subjectINTERNATIONAL RESERVES
dc.subjectLAWS
dc.subjectLOW INCOME
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC STABILITY
dc.subjectMALNUTRITION
dc.subjectMARKETING
dc.subjectMEDIA
dc.subjectMICRO CREDIT
dc.subjectMIGRATION
dc.subjectMUNICIPALITIES
dc.subjectNATIONAL LEVEL
dc.subjectNATIONAL POVERTY
dc.subjectNATIONAL RESEARCH
dc.subjectNATURAL RESOURCES
dc.subjectPARITY
dc.subjectPARLIAMENT
dc.subjectPARTICIPATORY POVERTY
dc.subjectPATIENTS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPOLICY FRAMEWORK
dc.subjectPOLICY REFORMS
dc.subjectPOLICY REFORMS
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOLITICAL SUPPORT
dc.subjectPOOR POLICIES
dc.subjectPOPULATION GROWTH
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPRIME MINISTER
dc.subjectPRIVATE SECTOR
dc.subjectPRO-POOR
dc.subjectPRO-POOR GROWTH
dc.subjectPRODUCTIVITY
dc.subjectPROFESSIONS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC SECTOR
dc.subjectRAPID GROWTH
dc.subjectREDUCING POVERTY
dc.subjectRESEARCH INSTITUTE
dc.subjectRESOURCE CONSTRAINTS
dc.subjectRESOURCES MANAGEMENT
dc.subjectRURAL AREAS
dc.subjectRURAL DEVELOPMENT
dc.subjectSAFETY
dc.subjectSAFETY NETS
dc.subjectSANITATION
dc.subjectSAVINGS
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL ENVIRONMENT
dc.subjectSOCIAL INDICATORS
dc.subjectSOCIAL JUSTICE
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECTORS
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SERVICES
dc.subjectSTATE- OWNED ENTERPRISES
dc.subjectTAX ADMINISTRATION
dc.subjectTECHNICAL EDUCATION
dc.subjectTECHNICAL INPUTS
dc.subjectTECHNICAL SUPPORT
dc.subjectTECHNICAL SUPPORT
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICY
dc.subjectTRADE REGIME
dc.subjectTRANSPORT
dc.subjectUNEMPLOYMENT
dc.subjectUNEQUAL DISTRIBUTION
dc.subjectURBAN AREAS
dc.subjectVIOLENCE
dc.subjectVOCATIONAL EDUCATION
dc.subjectVULNERABLE GROUPS
dc.subjectWATER RESOURCES
dc.titleJamaica : Fiscal Consolidation for Growth and Poverty Reduction, A Public Expenditure Reviewen
dspace.entity.typePublication
okr.date.disclosure2005-04-21
okr.date.doiregistration2025-05-07T11:06:18.197463Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2005/02/5752123/jamaica-fiscal-consolidation-growth-poverty-reduction-public-expenditure-review
okr.globalpracticePoverty
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.guid380251468039008768
okr.identifier.externaldocumentum000012009_20050421093233
okr.identifier.internaldocumentum5752123
okr.identifier.report29546
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/04/21/000012009_20050421093233/Rendered/PDF/295460JM.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryJamaica
okr.region.geographicalAmerica
okr.region.geographicalCaribbean
okr.sectorPublic Administration
okr.sectorLaw
okr.sectorPublic Administration, Law, and Justice
okr.sectorHealth and other social services
okr.sectorWater
okr.sectorWater, sanitation and flood protection
okr.sectorTransportation
okr.topicSocial Development::Poverty and Social Impact Analysis
okr.topicHealth Monitoring and Evaluation
okr.topicPoverty Reduction::Poverty Assessment
okr.topicGovernance::National Governance
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitEconomic Policy Sector (LCSPE)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
295460JM.pdf
Size:
30.8 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
295460JM.txt
Size:
955 B
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Public Finance Review