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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Mody, Ashoka
Outros Autores: Fabrizio, Stefania
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
Colecção:IMF Working Papers; Working Paper ; No. 2008/082
Acesso em linha:Full text available on IMF