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150128 ||| eng |
| 020 |
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|a 9781451869965
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| 100 |
1 |
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|a Zettelmeyer, Jeromin
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| 245 |
0 |
0 |
|a Fiscal Positions in Latin America
|b Have They Really Improved?
|c Jeromin Zettelmeyer, Ivanna Hollar
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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| 300 |
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|a 30 pages
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| 651 |
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4 |
|a Argentina
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| 653 |
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|a Fiscal stance
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| 653 |
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|a Income
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Personal income
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Personal Income, Wealth, and Their Distributions
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| 653 |
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|a National Government Expenditures and Related Policies: General
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| 653 |
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|a Expenditure
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| 653 |
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|a Investments: Commodities
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| 653 |
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|a Commodities
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| 653 |
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|a Expenditures, Public
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| 653 |
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|a Prices
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Commodity prices
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| 653 |
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|a Investment & securities
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| 653 |
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|a Public Finance
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| 653 |
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|a Commercial products
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| 653 |
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|a Commodity Markets
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| 700 |
1 |
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|a Hollar, Ivanna
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451869965.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2008/137/001.2008.issue-137-en.xml?cid=21986-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a "structural" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycle, and evaluating commodity revenues using alternative medium term commodity price projections. The main result is that structural revenues have indeed improved as a share of GDP, and structural primary balances are currently in surplus in many Latin American countries. However, the magnitude of these improvements is uncertain, in part due to uncertainty about the commodity price outlook
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