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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Chi tiết về thư mục
Tác giả chính: Mody, Ashoka
Tác giả khác: Fabrizio, Stefania
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2008.
Loạt:IMF Working Papers; Working Paper ; No. 2008/082
Truy cập trực tuyến:Full text available on IMF