Why Is Fiscal Policy Often Procyclical
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Language: en
Pages: 62
Pages: 62
Type: BOOK - Published: 2005 - Publisher:
Many countries, especially developing ones, follow procyclical fiscal polices, namely spending goes up (taxes go down) in booms and spending goes down (taxes go
Language: en
Pages: 354
Pages: 354
Type: BOOK - Published: 2007-10-19 - Publisher: World Bank Publications
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, wit
Language: en
Pages: 46
Pages: 46
Type: BOOK - Published: 2007 - Publisher: World Bank Publications
This paper surveys fiscal policy in developing countries from the point of view of long-run growth. The first section reviews existing methodologies to estimate
Language: en
Pages: 257
Pages: 257
Type: BOOK - Published: 2015-04-20 - Publisher: International Monetary Fund
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a
Language: en
Pages: 43
Pages: 43
Type: BOOK - Published: 2017-04-03 - Publisher: International Monetary Fund
A key objective of fiscal policy is to maintain the sustainability of public finances and avoid crises. Remarkably, there is very limited analysis on fiscal cri