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Fiscal rules: Challenges and reform opportunities for emerging markets
Ardanaz, Martin; Cavallo, Eduardo A.; Izquierdo, Alejandro - 2023
Fiscal rules have gained popularity as tools to strengthen debt sustainability by constraining policy discretion. However, their track record in the case of emerging markets is mixed, as setting up a fiscal rule has been no guarantee of debt stabilization. International experience and empirical...
Persistent link: https://www.econbiz.de/10014518317
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Fiscal rules : challenges and reform opportunities for emerging and developing economies
Ardanaz, Martin; Cavallo, Eduardo A.; Izquierdo, Alejandro - In: Fiscal policy in a turbulent era : tectonic shifts, (pp. 103-119). 2024
Persistent link: https://www.econbiz.de/10014577839
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Why don't we follow the rules? : drivers of compliance with fiscal policy rules in emerging markets
Ardanaz, Martin; Ulloa-Suárez, Carolina; Valencia, Oscar M. - In: Journal of international money and finance 142 (2024), pp. 1-16
Persistent link: https://www.econbiz.de/10014549836
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Fiscal rules: challenges and reform opportunities for emerging markets
Ardanaz, Martin; Cavallo, Eduardo A.; Izquierdo, Alejandro - 2023
Fiscal rules have gained popularity as tools to strengthen debt sustainability by constraining policy discretion. However, their track record in the case of emerging markets is mixed, as setting up a fiscal rule has been no guarantee of debt stabilization. International experience and empirical...
Persistent link: https://www.econbiz.de/10014471228