Rules-Based Fiscal Policy in Emerging Markets [electronic resource] : Background, Analysis, and Prospects / George Kopits.

By: Kopits, GeorgeMaterial type: TextTextPublication details: Washington, D.C. : International Monetary Fund, 2004Description: 1 online resource (300 p.)ISBN: 1403920850 :Subject(s): Fiscal Discipline | Fiscal Policy | Fiscal Rules | Public Debt | Rules | Argentina | Brazil | India | MexicoAdditional physical formats: Print Version:: Rules-Based Fiscal Policy in Emerging Markets : Background, Analysis, and ProspectsOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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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.

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