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...
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Övriga upphovsmän: | , , |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2004.
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Serie: | IMF Working Papers; Working Paper ;
No. 2004/157 |
Länkar: | Full text available on IMF |