Expenditure Ceilings-A Survey

Expenditure Ceilings-A Survey
This paper looks at the factors that have to be considered when designing an aggregate expenditure ceiling. It is argued that expenditure ceilings are effective in promoting fiscal discipline and sustainability, but that a number of trade-offs have to be made when setting up a fiscal framework that will survive in a politically charged... READ MORE...

Publication date: December 2008
ISBN 9781451871401
$18.00

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