The Cyclicality of Fiscal Policy in the Middle East and Central Asia : Is the Current Crisis Different?

The countries of the Middle East and North Africa, and the Caucasus and Central Asia have the highest output volatility in the world. Fiscal policy is a powerful tool that can help dampen the business cycles. This paper analyzes the cyclical properties of fiscal policy in the region during the past...

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Údar corparáideach: International Monetary Fund
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2010.
Sraith:IMF Working Papers; Working Paper ; No. 2010/068
Rochtain ar líne:Full text available on IMF