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...

Повний опис

Бібліографічні деталі
Автор: David, Antonio
Інші автори: Novta, Natalija
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Working Papers; Working Paper ; No. 2016/226
Онлайн доступ:Full text available on IMF