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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kandil, Magda
Rannpháirtithe: Morsy, Hanan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2010.
Sraith:IMF Working Papers; Working Paper ; No. 2010/123
Rochtain ar líne:Full text available on IMF