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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Clements, Benedict
Tác giả khác: Baldacci, Emanuele, Gupta, Sanjeev, Mulas-Granados, Carlos
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2004.
Loạt:IMF Working Papers; Working Paper ; No. 2004/157
Truy cập trực tuyến:Full text available on IMF