Fiscal Space in the Arab Countries

Abstract

The paper on which this One Pager is based (Roy, Abu-Ismail and Ramos, 2011) suggests concrete policy options which would create the fiscal space needed for structural transformation. After analysing the fiscal constraints faced by different countries and country groupings in the region, the paper suggests policies to increase fiscal space for the development transformation needed by expanding the fiscal base and fostering changes in the sources of revenue. The paper seeks to identify policies that improve the equity and progressivity of fiscal incidence. (…)