Fiscal Rules : Useful Policy Framework or Unnecessary Ornament?

Useful Policy Framework or Unnecessary Ornament?

Fiscal Rules : Useful Policy Framework or Unnecessary Ornament?
With the primary objective of conferring credibility on macroeconomic policies, an increasing number of advanced and emerging market economies have adopted various forms of fiscal rules (mainly balanced-budget requirements and debt limits). In contrast to previous fiscal rules, many of which lacked transparency, recently introduced rules have... READ MORE...

Publication date: September 2001
ISBN 9781451856545
$15.00

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