Publication:
Fiscal Policy for Growth and Development in Tajikistan

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dc.contributor.authorBrownbridge, Martin
dc.contributor.authorCanagarajah, Sudharshan
dc.date.accessioned2012-05-29T13:03:08Z
dc.date.available2012-05-29T13:03:08Z
dc.date.issued2008-02
dc.description.abstractTajikistan's economy has recovered strongly after the collapse of the 1990s, but sustaining rapid economic growth over the long term and reducing poverty present major challenges for policymakers. This paper contributes to the debate over the strategic role for fiscal policy to play in meeting these challenges, utilizing the "fiscal space" approach to assess the long-term potential for expanding public provision of growth-promoting goods and services and evaluating the priorities for public spending. It also analyzes the long-term risks to fiscal sustainability, from external public debt and the quasi fiscal deficit of the electricity sector. The paper contends that institutional reforms in key areas, notably public financial management, tax administration, and the energy sector, are crucial for generating fiscal space and for ensuring that higher levels of public spending are translated into stronger economic growth and poverty reduction. The priorities for government spending should be education, health, and the maintenance of the core networks of the existing infrastructure for energy and transport, rather than new public investment projects.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/02/9250697/fiscal-policy-growth-development-tajikistan
dc.identifier.doi10.1596/1813-9450-4532
dc.identifier.urihttps://hdl.handle.net/10986/6494
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4532
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectECONOMIC GROWTH
dc.subjectEDUCATION
dc.subjectELECTRICITY
dc.subjectENERGY
dc.subjectFISCAL SPACE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectHEALTH
dc.subjectINFRASTRUCTURE
dc.subjectPOVERTY REDUCTION
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC SPENDING
dc.subjectTAX ADMINISTRATION
dc.titleFiscal Policy for Growth and Development in Tajikistanen
dspace.entity.typePublication
okr.crossref.titleFiscal Policy For Growth And Development In Tajikistan
okr.date.doiregistration2025-04-10T10:41:05.261266Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/02/9250697/fiscal-policy-growth-development-tajikistan
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid662351468312339435
okr.identifier.doi10.1596/1813-9450-4532
okr.identifier.externaldocumentum000158349_20080327131032
okr.identifier.internaldocumentum9250697
okr.identifier.reportWPS4532
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/03/27/000158349_20080327131032/Rendered/PDF/wps4532.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryTajikistan
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicPublic Sector Expenditure Analysis and Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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