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...
Awdur Corfforaethol: | |
---|---|
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 2010/068 |
Mynediad Ar-lein: | Full text available on IMF |