Evaluating Designs for a Fiscal Rule in Bulgaria /
The enhanced Stability and Growth Pact calls on euro area members and aspirants to set boundaries to fiscal deficits through high-level legislation. A limit on the deficit, such as the deficit ceiling in Bulgaria's organic budget law, serves to protect solvency. The recent crisis clearly indica...
| Autor principal: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 2011/272 |
| Acesso em linha: | Full text available on IMF |