Policy Coordination in Fiscal Federalism : Drawing Lessons From the Dubai Debt Crisis /

Using the cyclically adjusted non-hydrocarbon primary balance, this paper investigates the evolution of the fiscal policy stance in the United Arab Emirates at consolidated and sub-national levels in the run-up and after the crisis. The empirical findings show that procyclical fiscal policies prior...

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Xehetasun bibliografikoak
Egile nagusia: Cevik, Serhan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:IMF Working Papers; Working Paper ; No. 2011/147
Sarrera elektronikoa:Full text available on IMF