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|z 9781451971019
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|a 1934-7456
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|a BD-DhAAL
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|a Heller, Peter.
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|a Considering the IMF's Perspective on a "Sound Fiscal Policy" /
|c Peter Heller.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2002.
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|a 1 online resource (28 pages)
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|a IMF Policy Discussion Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper provides a perspective on how the IMF assesses a 'sound fiscal policy,' focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fiscal policy stance, with greater emphasis on automatic stabilizers than discretionary fiscal policy; relevance of medium- and sometimes long-term issues; fiscal sustainability; capacity for aggregate fiscal policy implementation (including political economy factors); structural content of fiscal policy (tax efficiency and public expenditure quality); and institutional, governance, and process issues associated with budget implementation and revenue collection. Greater emphasis could be placed on an adequate margin to deal with uncertain long-term challenges.
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|a Mode of access: Internet
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|a IMF Policy Discussion Papers; Policy Discussion Paper ;
|v No. 2002/008
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/003/2002/008/003.2002.issue-008-en.xml
|z IMF e-Library
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