Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts to discuss the rationale, suitability, and usefulness of fiscal policy rules in emerging market economies. Grouped under three main parts , the chapters have a practical orientation, based on conceptual grounding.
Language
English
Pages
288
Format
Hardcover
Publisher
Palgrave Macmillan
Release
November 27, 2004
ISBN
1403920850
ISBN 13
9781403920850
Rules-Based Fiscal Policy in Emerging Markets: Background, Analysis and Prospects
Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts to discuss the rationale, suitability, and usefulness of fiscal policy rules in emerging market economies. Grouped under three main parts , the chapters have a practical orientation, based on conceptual grounding.