Panama : Selected Issues.

This Selected Issues paper assesses the effectiveness of Panama's fiscal framework. The fiscal framework of Panama has played an important role in enhancing fiscal discipline since its establishment in 2009. Since the current fiscal framework went into effect in 2009, the primary balance and de...

詳細記述

書誌詳細
団体著者: International Monetary Fund. Western Hemisphere Dept
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2016.
シリーズ:IMF Staff Country Reports; Country Report ; No. 2016/338
オンライン・アクセス:Full text available on IMF
その他の書誌記述
要約:This Selected Issues paper assesses the effectiveness of Panama's fiscal framework. The fiscal framework of Panama has played an important role in enhancing fiscal discipline since its establishment in 2009. Since the current fiscal framework went into effect in 2009, the primary balance and debt-to-GDP ratio of the nonfinancial public sector have improved significantly on average compared with those in 2000-08. The fiscal impulse given the output gap also shows that fiscal policy was less procyclical in 2009-15 than in 2001-08. However, there are options to better align the framework with best practice, including reducing unintended procyclicality, increasing transparency, and improving accountability.
記述事項:<strong>Off-Campus Access:</strong> No User ID or Password Required
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物理的記述:1 online resource (61 pages)
フォーマット:Mode of access: Internet
ISSN:1934-7685
アクセス:Electronic access restricted to authorized BRAC University faculty, staff and students