TY - BOOK ID - 11282409 TI - Analyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso. PY - 2009 SN - 1451917929 1452714746 1282844296 1451873743 9786612844294 1462326501 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Business & Economics KW - Economic History KW - Fiscal policy KW - Econometric models. KW - Burkina Faso KW - Economic policy KW - Economic conditions KW - Tax policy KW - Taxation KW - Government policy KW - Burkina KW - Bourkina KW - Bourkina Fasso KW - République démocratique du Burkina Faso KW - Burukina Faso KW - Finance, Public KW - ブルキナファソ KW - Burukinafaso KW - בורקינה פסו‏ KW - Burḳinah Faso KW - Upper Volta KW - Gouvernement du Burkina Faso KW - Labor KW - Macroeconomics KW - Public Finance KW - Fiscal Policy KW - Labor Economics: General KW - Wages, Compensation, and Labor Costs: General KW - National Government Expenditures and Related Policies: General KW - Education: General KW - Labour KW - income economics KW - Public finance & taxation KW - Education KW - Fiscal space KW - Wages KW - Expenditure KW - Labor economics KW - Expenditures, Public KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:11282409 AB - This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education spending, infrastructure spending, or both. The analysis takes place within the World Bank's MAMS model, which is a multisectoral real computable general equilibrium model that incorporates the Millennium Development Goals. The model has been calibrated for Burkina Faso, which serves as an illustrative country example. Some of the key results are that absorbing a more educated labor force requires fundamental structural change in the economy; increasing health and education spending can face sizeable capacity constraints; and infrastructure spending has a positive effect on growth as well as education and health outcomes. ER -