With the deadline for achieving the 2015 Millennium Development Goals (MDGs) less than a decade away, the uneven progress is raising important questions about the ability of the international community to 'scale up' its efforts to finance the goals. Securing adequate financing for development has thus become the most pressing issue of the development agenda. This groundbreaking volume, by leading development economists and practitioners, addresses the central concern for policymakers involved in long term planning for the MDGs: how to create 'fiscal space' for the MDGs and strengthen domestic resource mobilization for human development, while ensuring long-term sustainability and freedom from reliance on aid. By looking at the evidence with fresh perspectives, the authors present a novel approach by which fiscal policy can be made to work for the poor, for the long term. Published with UNDP and Revenue Watch.

chapter |13 pages


ByRathin Roy, Antoine Heuty, Francisco Rodriguez

chapter 2|36 pages

Fiscal Space for What? Analytical Issues from a Human Development Perspective 1

ByRathin Roy, Antoine Heuty, Emmanuel Letouzé

chapter 3|25 pages

Fiscal Space for Public Investment: Towards a Human Development Approach 1

ByRathin Roy, Antoine Heuty, Emmanuel Letouzé

chapter 4|12 pages

The Fiscal Space Conjecture: Theoretical Reflections

BySanjay G. Redely

chapter 5|27 pages

Understanding Fiscal Expansions 1

ByFrancisco Rodriguez

chapter 7|83 pages

Guaranteeing Fiscal Space for Human Development in Morocco

ByJean-François Brun, Gérard Chambas, Fouzi Mourji

chapter 8|75 pages

Securing Fiscal Space for the Millennium Development Goals in Senegal

ByAdama Diaw, Samuel Guérineau, Sylviane Guillaumont Jeanneney

chapter 9|74 pages

The Fiscal Space of Thailand: A Historical Analysis

ByKarel Jansen, Choedchai Khannabha

chapter 10|84 pages

Plenty of Room? Fiscal Space in a Resource-Abundant Economy: The Case of Venezuela

ByMaría Antonia Moreno, Francisco Rodriguez