Fiscal Rules-Anchoring Expectations for Sustainable Public Finances.

The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules in su...

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Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:Policy Papers; Policy Paper ; No. 2009/096
Accesso online:Full text available on IMF