Financial Globalization and Fiscal Perfomance in Emerging Markets /

In recent years financial globalization and benign global market conditions have helped emerging markets in their external financing and budgetary positions. This paper examines three related issues: (i) the importance of the impact of the benign financial environment on fiscal performance; (ii) the...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Hauner, David
מחברים אחרים: Kumar, Manmohan
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2005.
סדרה:IMF Working Papers; Working Paper ; No. 2005/212
גישה מקוונת:Full text available on IMF
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245 1 0 |a Financial Globalization and Fiscal Perfomance in Emerging Markets /  |c David Hauner, Manmohan Kumar. 
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300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a In recent years financial globalization and benign global market conditions have helped emerging markets in their external financing and budgetary positions. This paper examines three related issues: (i) the importance of the impact of the benign financial environment on fiscal performance; (ii) the likely fiscal impact of a reversal in this environment; and (iii) the potential contribution of fiscal reforms to maintaining favorable market access. The results suggest that the benefits from the benign environment have been substantial and that the potential reversal of the favorable external conditions underlines the need for further fiscal reforms. 
538 |a Mode of access: Internet 
700 1 |a Kumar, Manmohan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2005/212 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2005/212/001.2005.issue-212-en.xml  |z IMF e-Library