Showing 1 - 5 of 5
Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of international reserves as it enhances credibility and mitigates concerns about the...
Persistent link: https://www.econbiz.de/10013143189
Persistent link: https://www.econbiz.de/10003989380
Persistent link: https://www.econbiz.de/10010422347
Persistent link: https://www.econbiz.de/10012237710
Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of international reserves as it enhances credibility and mitigates concerns about the...
Persistent link: https://www.econbiz.de/10014403225