Fiscal Rules in Response to the Crisis

Released on by Ms.Andrea Schaechter
preview-18

  • Fiscal Rules in Response to the Crisis Book Detail

  • Author : Ms.Andrea Schaechter
  • Release Date : 2012-07-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 49
  • ISBN 13 : 1475505353
  • File Size : 98,98 MB
DOWNLOAD BOOK

Fiscal Rules in Response to the Crisis by Ms.Andrea Schaechter PDF Summary

Book Description: Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal rules in use around the world, compiles a dataset - covering national and supranational fiscal rules, in 81 countries from 1985 to end-March 2012 - and presents details about the rules’ key design elements, particularly in support of enforcement. This information is summarized in a set of fiscal rules indices. Three key findings emerge: (i) many new fiscal rules have been adopted and existing ones strengthened in response to the crisis; (ii) the number of fiscal rules and the comprehensiveness of the design features in emerging economies has caught up to those in advanced economies; and (iii) the "next-generation" fiscal rules are increasingly complex as they combine the objectives of sustainability and with the need for flexibility in response to shocks, thereby creating new challenges for implementation, communication, and monitoring.

Disclaimer: www.yourbookbest.com does not own Fiscal Rules in Response to the Crisis books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Fiscal Rules in Response to the Crisis

Fiscal Rules in Response to the Crisis

File Size : 25,25 MB
Total View : 8702 Views
DOWNLOAD

Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal

Africa at a Turning Point?

Africa at a Turning Point?

File Size : 58,58 MB
Total View : 6911 Views
DOWNLOAD

Since the mid-1990s, sub-Saharan Africa has experienced an acceleration of economic growth that has produced rising incomes and faster human development. Howeve

The Vicious Circles of Control

The Vicious Circles of Control

File Size : 85,85 MB
Total View : 2115 Views
DOWNLOAD

"In Russia and other transition economies that have implemented voucher privatization programs, how can one account for the puzzling behavior of insider-manager

Recognizing the Bias

Recognizing the Bias

File Size : 82,82 MB
Total View : 5027 Views
DOWNLOAD

This paper argues that asset price cycles have significant effects on fiscal outcomes. In particular, there is evidence of debt bias—the tendency of debt to i

Fiscal Rules at a Glance

Fiscal Rules at a Glance

File Size : 84,84 MB
Total View : 568 Views
DOWNLOAD

This paper provides country-specific information on fiscal rules in use in 81 countries from 1985 to end-September 2012. It serves as background material and up