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4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries?

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines factors that may influence the way fiscal policy has been conducted over the business cycle—that is, the degree of fiscal policy procyclicality—in each of the sample sub-Saharan African...