The ADCR 2011: Is There Fiscal Space For Financing An Arab Development Transformation?

01 Jun 2011

 The approach to fiscal space taken in this paper is therefore focused on asking the question what are the barriers to the creation and utilization of such fiscal space that will be necessary to undertake the above transformation? In posing this question, we seek to clearly demarcate our treatment to the fiscal space issue from that of the fiscal fundamentalist; our concern here is to ensure that fiscal space is created not in the abstract for an unspecified purpose. The purpose matters and hence, judging the feasibility of creating and utilizing fiscal space depends in the purpose for which the space is to be used.

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  • The ADCR 2011: is there fiscal space for financing an Arab development transformation?