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...

Descrizione completa

Dettagli Bibliografici
Autore principale: David, Antonio
Altri autori: Novta, Natalija
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/226
Accesso online:Full text available on IMF