A Balancing Act : Reform Options for Paraguay's Fiscal Responsibility Law /

Paraguay faces a trade-off between building fiscal credibility and amending the existing fiscal rule to accommodate infrastructure investment and provide space for countercyclical policies. In this paper, we discuss several alternative fiscal rules for Paraguay and present simulations of debt trajec...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: David, Antonio
Weitere Verfasser: Novta, Natalija
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/226
Online Zugang:Full text available on IMF