The implementation of Georgia’s poverty reduction strategy has proceeded well, with impressive achievements in curbing corruption, improving the business climate, and continued improvement in public finances. Particular emphasis should be given to enhancing macroeconomic management, implementing the new legislative framework, improving the effectiveness of public e...

The implementation of Georgia’s poverty reduction strategy has proceeded well, with impressive achievements in curbing corruption, improving the business climate, and continued improvement in public finances. Particular emphasis should be given to enhancing macroeconomic management, implementing the new legislative framework, improving the effectiveness of public e...

This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spendi...

This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spendi...