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...
| Hlavní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2011/272 |
| On-line přístup: | Full text available on IMF |