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Experience with Large Fiscal Adjustments von Horton, Mark (eBook)

  • Erscheinungsdatum: 14.06.2006
  • Verlag: International Monetary Fund
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Experience with Large Fiscal Adjustments

When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a large adjustment best designed and implemented? What will be its impact on the economy? This Occasional Paper addresses these questions by describing the experience of countries that have undertaken large fiscal adjustments in the last three decades. It provides operational guidance to policymakers by identifying preconditions, common policy approaches, and institutional arrangements underlying successful and unsuccessful adjustment episodes.


    Format: ePUB
    Kopierschutz: AdobeDRM
    Erscheinungsdatum: 14.06.2006
    Sprache: Englisch
    ISBN: 9781452787664
    Verlag: International Monetary Fund
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