Reconciling Stability and Growth : Smart Pacts and Structural Reforms /
This paper analyzes the decision of a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact. The model shows that a pact may harm structural reforms, sacrificing future growth for present stability. The w...
প্রধান লেখক: | |
---|---|
অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2003.
|
মালা: | IMF Working Papers; Working Paper ;
No. 2003/174 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |