Fiscal Rules and Fiscal Councils : Recent Trends and Performance during the COVID-19 Pandemic /

Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy room...

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Bibliographic Details
Main Author: Davoodi, Hamid
Other Authors: Elger, Paul, Fotiou, Alexandra, Garcia-Macia, Daniel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/011
Subjects:
Online Access:Full text available on IMF