Experience with Large Fiscal Adjustments /

When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a large adjustment best designed and implemented? What will be its impact on the economy? This Occasional...

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Bibliografiske detaljer
Hovedforfatter: Horton, Mark
Andre forfattere: Flanagan, Mark, Maliszewski, Wojciech, Tsibouris, George
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2006.
Serier:Occasional Papers; Occasional Paper ; No. 2006/003
Online adgang:Full text available on IMF
Beskrivelse
Summary:When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a large adjustment best designed and implemented? What will be its impact on the economy? This Occasional Paper addresses these questions by describing the experience of countries that have undertaken large fiscal adjustments in the last three decades. It provides operational guidance to policymakers by identifying preconditions, common policy approaches, and institutional arrangements underlying successful and unsuccessful adjustment episodes.
Emne beskrivelse:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fysisk beskrivelse:1 online resource (51 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students