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