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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Mody, Ashoka
Beste egile batzuk: Fabrizio, Stefania
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2008.
Saila:IMF Working Papers; Working Paper ; No. 2008/082
Sarrera elektronikoa:Full text available on IMF