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...
| Автор: | |
|---|---|
| Інші автори: | , , |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Серія: | Occasional Papers; Occasional Paper ;
No. 2003/009 |
| Онлайн доступ: | Full text available on IMF |