Publication:
Guatemala : Expenditure Reform in a Post-Conflict Country

dc.contributor.authorWorld Bank
dc.date.accessioned2013-08-29T14:03:59Z
dc.date.available2013-08-29T14:03:59Z
dc.date.issued2000-02-04
dc.description.abstractThis report is the third in a series of joint Government-World Bank reviews designed support Guatemala's peace process (See report nos. 15352 and 16392). As this report was under preparation in late 1998, Guatemala faced an emergency caused by Hurricane Mitch and increasing macroeconomic pressures associated with expansionary monetary and fiscal policies. Macroeconomic conditions continued to weaken in 1999, exacerbated by a number of external shocks, inappropriate macro policies and a fragile financial system. The success of the privatization program, in turn fed fiscal illusion, which was especially hard to resist in an electoral year. The availability of relatively large privatization proceeds created a sense that the emerging macroeconomic imbalances could be tolerated, peace and electoral outlays could be financed without the need to adopt revenue measures, and that international reserves were adequate to defend the Quetzal and keep inflationary pressures under control. While the original intention of this report was to analyze the fiscal stance supporting the peace process, progress in the Government's state modernization program, and performance in meeting agreed socioeconomic peace targets, the macroeconomic developments and the possibility of a major crisis required a more detailed analysis and intensified policy dialogue on the underlying macroeconomic risks in Guatemala. This report retains the macro analysis used in the policy dialogue with the Government.en
dc.identifierhttp://documents.worldbank.org/curated/en/2000/02/1614805/guatemala-expenditure-reform-post-conflict-country
dc.identifier.doi10.1596/15481
dc.identifier.urihttps://hdl.handle.net/10986/15481
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.subjectGOVERNMENT SPENDING POLICY
dc.subjectPOST-CONFLICT RECONSTRUCTION
dc.subjectPUBLIC FINANCE
dc.subjectCIVIL SERVICE REFORMS
dc.subjectMODERNIZATION
dc.subjectDECENTRALIZATION
dc.subjectMUNICIPAL
dc.subjectGOVERNANCE
dc.subjectPEACE BUILDING
dc.subjectPERFORMANCE INDICATORS
dc.subjectFISCAL REFORMS
dc.subjectTAX REFORMS
dc.subjectFISCAL DEFICITS
dc.subjectCONTINGENT LIABILITY
dc.subjectFINANCIAL MANAGEMENT
dc.subjectBASIC NEEDS
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC DEBT
dc.subjectFISCAL ADJUSTMENTS
dc.subjectNATURAL DISASTERS
dc.subjectREGULATORY FRAMEWORK BUDGET EXECUTION
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT
dc.subjectCOMMUNITY DEVELOPMENT
dc.subjectCOUNCILS
dc.subjectCURRENCY UNIT
dc.subjectDECENTRALIZATION
dc.subjectDEFICITS
dc.subjectDEVELOPMENT GOALS
dc.subjectDEVELOPMENT PROGRAMME
dc.subjectECONOMIC POLICIES
dc.subjectELECTRICITY
dc.subjectEMPLOYMENT
dc.subjectEXCHANGE RATE POLICY
dc.subjectEXECUTION
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE REFORM
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL ILLUSION
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORM
dc.subjectFISCAL STANCE
dc.subjectFISCAL STRESS
dc.subjectFISCAL TRANSPARENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectGOVERNMENT'S PRIVATIZATION PROGRAM
dc.subjectGOVERNMENTAL ORGANIZATION
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectILLITERACY
dc.subjectINSOLVENT
dc.subjectINSTITUTIONAL REFORMS
dc.subjectINTERNATIONAL MONETARY FUND
dc.subjectLIVING STANDARDS
dc.subjectLIVING STANDARDS MEASUREMENT
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMANAGERS
dc.subjectMINISTRY OF FINANCE
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectMORTALITY
dc.subjectNATIONAL ELECTIONS
dc.subjectNATIONS
dc.subjectPOLIO
dc.subjectPOOR COMMUNITIES
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY HEALTH CARE
dc.subjectPRIVATE SECTOR
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE PATTERNS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SPENDING
dc.subjectREAL EXCHANGE RATE
dc.subjectREGULATORY FRAMEWORK
dc.subjectSHORT TERM
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL EXPENDITURE
dc.subjectSOCIAL PROGRAM
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SERVICES
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX REVENUE
dc.subjectTELECOMMUNICATIONS
dc.titleGuatemala : Expenditure Reform in a Post-Conflict Countryen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T10:44:51.983324Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2000/02/1614805/guatemala-expenditure-reform-post-conflict-country
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.guid160531468033564741
okr.identifier.externaldocumentum000094946_01101304004520
okr.identifier.internaldocumentum1614805
okr.identifier.report19617
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2001/10/27/000094946_01101304004520/Rendered/PDF/multi0page.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryGuatemala
okr.sectorPublic Administration, Law, and Justice
okr.topicPublic Sector Economics
okr.topicHealth Monitoring and Evaluation
okr.topicGovernance::National Governance
okr.topicPoverty Reduction::Poverty Assessment
okr.topicMacroeconomics and Economic Growth::Economic Stabilization
okr.volume1
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