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