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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Détails bibliographiques
Auteur principal: Cevik, Serhan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/147
Accès en ligne:Full text available on IMF