Fiscal Monitor, October 2025

Chapter 1 explores how governments can improve economic growth prospects by enhancing the efficiency and composition of public spending, while keeping the overall spending envelope unchanged.
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Volume/Issue: Volume 2025 Issue 002
Publication date: October 2025
ISBN: 9798229024938
$50.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public spending , expenditure , efficiency , rigidity , economic growth , output , long-term

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Fiscal Monitor, April 2024: Fiscal Policy in the Great Election Year
Summary

This Fiscal Monitor explores how governments can improve economic growth prospects by enhancing the efficiency and composition of public spending. Redirecting public spending toward infrastructure, education, health, and research and development, without increasing overall spending, can deliver significant long-term gains in output. Closing gaps in efficiency can further magnify these gains, with institution-building being the most effective strategy. The analysis provides new global and time-varying datasets of public spending efficiency and rigidity.

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