Rules-Based Fiscal Policy in France, Germany, Italy, and Spain /
Fiscal rules can help to counteract the deficits and spending biases that too often originate in the political process. Rules that constrain spending--rather than the balance--allow fiscal policy to be countercyclical. Yet the design of effective spending rules is by no means straightforward. Should...
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Andre forfattere: | , , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2003.
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Serier: | Occasional Papers; Occasional Paper ;
No. 2003/009 |
Online adgang: | Full text available on IMF |