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...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2011/147 |
| Acesso em linha: | Full text available on IMF |