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Rules-Based Fiscal Policy in Emerging Markets - Background, Analysis and Prospects (Hardcover)
Loot Price: R2,804
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Rules-Based Fiscal Policy in Emerging Markets - Background, Analysis and Prospects (Hardcover)
Series: Procyclicality of Financial Systems in Asia
Expected to ship within 10 - 15 working days
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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 (political economy
and macroeconomic setting; design issues at the national level;
design issues at the subnational level), the chapters have a
practical orientation, based on conceptual grounding. FABRIZIO
BALASSONE Bank of Italy, Italy OLAV BJERKHOLT University of Oslo,
Norway MIGUEL BRAUN University of San Andres, Colombia MARCO BUTI
European Commission, International ANDRES CONESA Secretariat of
Finance, Mexico FABRIZIO CORICELLI University of Siena, Italy ALLAN
DRAZEN Tel Aviv University, Israel VALERIO ERCOLANI University of
Siena, Italy DANIELE FRANCO Bank of Italy, Italy GABRIELE GIUDICE
European Commission, Italy ILAN GOLDFAJN Central Bank of Brazil,
Brazil CHRISTIAN Y. GONZALEZ Georgetown University, USA EDUARDO R.
GUARDIA State of Sao Paulo
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