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...
| Autore principale: | |
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2011/272 |
| Accesso online: | Full text available on IMF |