Fiscal Stimulus and Credibility in Emerging Countries /

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of international reserves as it enhances credibility and mitigates concerns about the effect of...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kandil, Magda
مؤلفون آخرون: Morsy, Hanan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/123
الوصول للمادة أونلاين:Full text available on IMF