Rules-Based Fiscal Policy in Emerging Markets

Background, Analysis and Prospects

Gebonden Engels 2004 9781403920850
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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.

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ISBN13:9781403920850
Taal:Engels
Bindwijze:Gebonden
Uitgever:Palgrave Macmillan UK

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          Rules-Based Fiscal Policy in Emerging Markets