Rules-Based Fiscal Policy in Emerging Markets Background, Analysis, and Prospects
Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts...
| Other Authors: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
London
Palgrave Macmillan UK
2004, 2004
|
| Series: | Procyclicality of Financial Systems in Asia
|
| Subjects: | |
| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
| Summary: | Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts to discuss the rationale, suitability, and usefulness of fiscal policy rules in emerging market economies. Grouped under three main parts (political economy and macroeconomic setting; design issues at the national level; design issues at the subnational level), the chapters have a practical orientation, based on conceptual grounding |
|---|---|
| Physical Description: | XIII, 286 p online resource |
| ISBN: | 9781137001573 |