Should Latin American countries adopt structural balance-based fiscal rules?

Latin America has a long history of pro-cyclical fiscal policies, reflecting the region’s exposure to a range of exogenous shocks, tight financial constraints and relatively weak fiscal institutions. This paper discusses the role that structural balance-based fiscal rules (SFRs) could play in moder...

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Bibliographic Details
Main Author: Teresa Ter-Minassian
Format: Article
Language:English
Published: Universidad Nacional de Córdoba 2014-06-01
Series:Revista de Economía y Estadística
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/REyE/article/view/7492