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...

Полное описание

Библиографические подробности
Главный автор: David, Antonio
Другие авторы: Novta, Natalija
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/226
Online-ссылка:Full text available on IMF