Globalization, Financial Markets, and Fiscal Policy

This paper examines how fiscal policy can contribute to realizing the benefits of two important ongoing developments, globalization and financial deepening.
Volume/Issue: Volume 2007 Issue 051
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Exports and Imports , Public Finance , PP , fiscal policy response , market country , current account , fiscal policy spillover , economic activity , fiscal policy credibility , response to capital , aggregate demand , Capital inflows , Global , Central and Eastern Europe

Summary

This paper examines how fiscal policy can contribute to realizing the benefits of two important ongoing developments, globalization and financial deepening.