A Framework for Assessing Fiscal Vulnerability

A Framework for Assessing Fiscal Vulnerability
Fiscal vulnerability describes a situation where a government is exposed to the possibility of failure to meet its aggregate fiscal policy objectives. The suggested framework for assessing vulnerability highlights four macro-fiscal aspects of vulnerability: incorrect specification of the initial fiscal position; sensitivity of short-term fiscal... READ MORE...

Publication date: March 2000
ISBN 9781451847246
$15.00

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