Front-Loaded or Back-Loaded Fiscal Adjustments : What Works in Emerging Market Economies? /

This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have the highest likelihood of success. Fiscal consolidations based on expenditure cuts in...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Clements, Benedict
مؤلفون آخرون: Baldacci, Emanuele, Gupta, Sanjeev, Mulas-Granados, Carlos
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/157
الوصول للمادة أونلاين:Full text available on IMF