Publication:
Saint Kitts and Nevis - OECS Fiscal Issues : Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2013-07-25T15:34:51Z
dc.date.available2013-07-25T15:34:51Z
dc.date.issued2003-12-29
dc.description.abstractDespite high levels of per capita incomes and good social service provision, poverty remains a persistent problem in St. Kitts and Nevis. To improve competitiveness, restore rapid economic growth, and ensure its medium-term sustainability in the context of the currency union, the main challenges to the St. Kitts and Nevis government are to (a) tighten fiscal policy, notably through expenditure cuts; (b) increase the efficiency of public investments and public service delivery; (c) strengthen regulation and efficiency of public utilities and sea/air transport; and (d) promote education and skills development to prepare the population, notably the poor, to take advantage of new opportunities in the global environment. The report is organized as follows: Chapter 1 discusses fiscal sustainability in St. Kitts and Nevis and presents options for fiscal consolidation; Chapter 2 discusses the role of the business cycle in the design of fiscal policy by reviewing the cyclical components of the fiscal accounts; Chapter 3 discusses the budget management system in place and its effect on budgetary outcomes; Chapter 4 examines the Public Sector Investment Program; Chapter 5 discusses public sector employment and compensation; Chapters 6 and 7 examine public expenditures and outcomes in the education and health sectors; and Chapter 8, the final chapter, discusses social protection programs.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/12/6861614/saint-kitts-nevis-oecs-fiscal-issues-policies-achieve-fiscal-sustainability-improve-efficiency-equity-public-expenditures
dc.identifier.doi10.1596/14578
dc.identifier.urihttps://hdl.handle.net/10986/14578
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.subjectBORROWING
dc.subjectBUDGET BALANCES
dc.subjectBUDGET MANAGEMENT SYSTEM
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL BUDGET
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL SPENDING
dc.subjectCAPITAL STOCK
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT FISCAL
dc.subjectCOMPETITIVENESS
dc.subjectCONTINGENT LIABILITIES
dc.subjectCYCLICAL EFFECTS
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT RATIOS
dc.subjectDEBT SERVICE
dc.subjectDEPOSIT ACCOUNTS
dc.subjectDOMESTIC BORROWING
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SHOCKS
dc.subjectECONOMIC SLOWDOWN
dc.subjectECONOMIC STRUCTURE
dc.subjectEXPENDITURE CUTS
dc.subjectEXPENDITURE GROWTH
dc.subjectEXTERNAL SHOCKS
dc.subjectEXTREME POVERTY
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFISCAL ACCOUNTS
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL CONVERGENCE
dc.subjectFISCAL CONVERGENCE CRITERIA
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL FRAMEWORK
dc.subjectFISCAL GAP
dc.subjectFISCAL INFORMATION
dc.subjectFISCAL ISSUES
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL OPERATIONS
dc.subjectFISCAL PERFORMANCE
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORM
dc.subjectFISCAL RESPONSIBILITY
dc.subjectFISCAL RULE
dc.subjectFISCAL RULES
dc.subjectFISCAL SURPLUS
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFIXED EXCHANGE RATE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT ASSETS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT DEFICIT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURE COMPOSITION
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT SECURITIES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEALTH SPENDING
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectINCREASE IN EXPENDITURES
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINTERNATIONAL MONETARY FUND
dc.subjectMACROECONOMIC STABILITY
dc.subjectMONETARY POLICY
dc.subjectMONETARY UNION
dc.subjectMONOPOLIES
dc.subjectNATIONAL INCOME
dc.subjectOPEN ECONOMY
dc.subjectPER CAPITA INCOMES
dc.subjectPORTS
dc.subjectPRIMARY DEFICIT
dc.subjectPRIMARY EXPENDITURE
dc.subjectPRIMARY SURPLUS
dc.subjectPRIVATE SECTOR
dc.subjectPUBLIC
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR COMPENSATION
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SECTOR REFORM
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC UTILITIES
dc.subjectPURCHASING POWER
dc.subjectREAL WAGES
dc.subjectREDUCTION IN TAX
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESOURCE ALLOCATION
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSECTOR INVESTMENT
dc.subjectSECTOR RESTRUCTURING
dc.subjectSOCIAL SECURITY
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX COLLECTION
dc.subjectTAX EXEMPTIONS
dc.subjectTAX POLICY
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.titleSaint Kitts and Nevis - OECS Fiscal Issues : Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expendituresen
dspace.entity.typePublication
okr.date.disclosure2006-06-20
okr.date.doiregistration2025-05-07T09:40:22.575818Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2003/12/6861614/saint-kitts-nevis-oecs-fiscal-issues-policies-achieve-fiscal-sustainability-improve-efficiency-equity-public-expenditures
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.guid495341468164967585
okr.identifier.externaldocumentum000160016_20060616104140
okr.identifier.internaldocumentum6861614
okr.identifier.report25185
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/06/16/000160016_20060616104140/Rendered/PDF/251850LCR.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countrySt. Kitts and Nevis
okr.sectorOther social services
okr.sectorHealth
okr.sectorGeneral public administration sector
okr.sectorEducation
okr.topicPublic Sector Economics
okr.topicPublic Sector Fiscal Adjustment
okr.topicMacroeconomics and Economic Growth::Fiscal Adjustment
okr.topicMacroeconomics and Economic Growth::Economic Stabilization
okr.topicEconomic Theory and Research
okr.topicPublic Sector Development
okr.unitEconomic Policy Sector (LCSPE)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
251850LCR.pdf
Size:
11.21 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
251850LCR.txt
Size:
442.18 KB
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