Rules-Based Fiscal Policy in Emerging Markets: Background, Analysis, and Prospects
December 1, 2004
More Formats on IMF eLibrarySummary
Inspired by the experience of some advanced economies and to enhance creditworthiness, recently a number of emerging market economies adopted rules limiting government deficits, expenditures, or indebtedness. This volume consists of 15 chapters—written by distinguished policy analysts and academics—that focus on the potential usefulness of fiscal rules for these economies, and highlight their brief experience with rules.
Subject: Budget planning and preparation, Emerging and frontier financial markets, Expenditure, Financial markets, Fiscal policy, Fiscal rules, Public debt, Public financial management (PFM)
Keywords: accounting convention, Budget planning and preparation, budget-balance rule, Caribbean, Central and Eastern Europe, current-balance rule, economy, Emerging and frontier financial markets, emerging market economy, expenditure rule, fiscal policy rule, Fiscal rules, government, government balance, government proposal, government rule, indebted government, rule, SEM, transfer rule
Pages:
300
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Series:
Seminar Volumes
Stock No:
RBFPEA
ISBN:
9781403920850
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