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Rules-Based Fiscal Policy in Emerging Markets
			: Background, Analysis, and Prospects

Rules-Based Fiscal Policy in Emerging Markets : Background, Analysis, and Prospects »

Series: Seminar Volumes

Author(s): George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781403920850.072

ISBN: 9781403920850

Keywords: rules, fiscal rules, fiscal policy, public debt, fiscal discipline

Inspired by the experience of some advanced economies and to enhance creditworthiness, recently a number of emerging market economies adopted rules limiting government deficits, expenditures, or indebtedness. This...

Fiscal Policy Rules

Fiscal Policy Rules »

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

DOI: http://dx.doi.org/10.5089/9781557757043.017

ISBN: 9781557757043

Keywords: fiscal policy, fiscal rules, public debt, fiscal policy rules, fiscal rule

What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute...

Promoting Fiscal Discipline

Promoting Fiscal Discipline »

Series: Books

Author(s): Manmohan Kumar , and Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

DOI: http://dx.doi.org/10.5089/9781589066090.071

ISBN: 9781589066090

Keywords: fiscal policy, expenditure, fiscal performance, fiscal rules, fiscal discipline

Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as devel...

Rules-Based Fiscal Policy in France, Germany, Italy, and Spain

Rules-Based Fiscal Policy in France, Germany, Italy, and Spain »

Series: Occasional Papers

Author(s): Teresa Daban Sanchez , Steven Symansky , Gian Milesi-Ferretti , Enrica Detragiache , and Gabriel Di Bella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 2003

DOI: http://dx.doi.org/10.5089/9781589062160.084

ISBN: 9781589062160

Keywords: fiscal policy, expenditure, fiscal rules, expenditures, public debt

Fiscal rules can help to counteract the deficits and spending biases that too often originate in the political process. Rules that constrain spending--rather than the balance--allow fiscal policy to be countercycli...

United Republic of Tanzania

United Republic of Tanzania »

Source: United Republic of Tanzania : Selected Issues

Volume/Issue: 2014/121

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2014

ISBN: 9781484390337

Keywords: fiscal regime, fiscal policy framework, fiscal sustainability, fiscal policy rule

...

Managing the Oil Revenue Boom
			: The Role of Fiscal Institutions

Managing the Oil Revenue Boom : The Role of Fiscal Institutions »

Series: Occasional Papers

Author(s): Mauricio Villafuerte , Rolando Ossowski , Theo Thomas , and Paulo Medas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2008

DOI: http://dx.doi.org/10.5089/9781589067189.084

ISBN: 9781589067189

Keywords: Financial institutions, Oil revenues, oil-producing countries, fiscal policy, oil prices, fiscal rules

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how gover...

A Balancing Act

A Balancing Act »

Source: A Balancing Act : Reform Options for Paraguay's Fiscal Responsibility Law

Volume/Issue: 2016/226

Series: IMF Working Papers

Author(s): Antonio David , and Natalija Novta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2016

ISBN: 9781475555158

Keywords: Fiscal policy, Fiscal responsibility law, Fiscal rules, Paraguay, Fiscal Rules; Fiscal Governance; Paraguay, Fiscal Governance

Paraguay faces a trade-off between building fiscal credibility and amending the existing fiscal rule to accommodate infrastructure investment and provide space for countercyclical policies. In this paper, we discus...

Peru

Peru »

Source: Peru : Selected Issues Paper

Volume/Issue: 2013/46

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2013

ISBN: 9781475582604

Keywords: fiscal framework, fiscal policy, public debt, fiscal rule, fiscal sustainability

The purpose of the study is to examine Peru's effective interest spread through accounting decompositions, financial ratio analysis, and spread regressions. The government's financial restructuring programs accele...

Peru Selected Issues

Peru Selected Issues »

Source: Peru : Selected Issues Paper

Volume/Issue: 2013/46

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2013

ISBN: 9781475582604

Keywords: fiscal framework, fiscal policy, public debt, fiscal rule, fiscal sustainability

The purpose of the study is to examine Peru's effective interest spread through accounting decompositions, financial ratio analysis, and spread regressions. The government's financial restructuring programs accele...

Peru Selected Issues

Peru Selected Issues »

Source: Peru : Selected Issues Paper

Volume/Issue: 2013/46

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2013

ISBN: 9781475582604

Keywords: fiscal framework, fiscal policy, public debt, fiscal rule, fiscal sustainability

The purpose of the study is to examine Peru's effective interest spread through accounting decompositions, financial ratio analysis, and spread regressions. The government's financial restructuring programs accele...