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...

Повний опис

Бібліографічні деталі
Автор: Cevik, Serhan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2011.
Серія:IMF Working Papers; Working Paper ; No. 2011/147
Онлайн доступ:Full text available on IMF