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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其他作者: | , , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2004.
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叢編: | IMF Working Papers; Working Paper ;
No. 2004/157 |
在線閱讀: | Full text available on IMF |