Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World /

This paper documents the spread of fiscal rules in the developing world and investigates the relation between fiscal rules and procyclical fiscal policy. We find that, since the early 2000s, developing countries outnumbered advanced economies as users of fiscal rules. Rules were adopted either as pa...

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Hlavní autor: Bova, Elva
Další autoři: Carcenac, Nathalie, Guerguil, Martine
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2014.
Edice:IMF Working Papers; Working Paper ; No. 2014/122
On-line přístup:Full text available on IMF