Gollwitzer, Sophia; Kvintradze, Eteri; Prakash, Tej; … - International Monetary Fund (IMF) - 2010
This paper presents, for the first time, multi-dimensional indices of the quality of budget institutions in low … provides preliminary empirical support for the hypotheses that strong budget institutions help improve fiscal balances and … public external debt outcomes; and countries with stronger fiscal institutions have better scope to conduct countercyclical …