Breaking the Impediments to Budgetary Reforms : Evidence from Europe /
Under what conditions are budget institutions likely to be strengthened? We find that fiscal deficits do not help in focusing policymakers on undertaking reforms. To the contrary, the larger the deficit, the lower is the likelihood of reforms. Large deficits apparently imply strong claims on the bud...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2008/082 |
| Online-ссылка: | Full text available on IMF |