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

Abstract

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 volume consists of 15 chapters—written by distinguished policy analysts and academics—that focus on the potential usefulness of fiscal rules for these economies, and highlight their brief experience with rules.

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Author:
Mr. George Kopits
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Series:
Seminar Volumes
Publisher:
Palgrave Macmillan-Economics
Language:
English
Publication Date:
01 Dec 2004
DOI:
https://doi.org/10.5089/9781403920850.072
ISBN:
9781403920850
Pages:
300
Keywords:
SEM; government; fiscal policy rule; rule; economy; emerging market economy; government balance; government rule; indebted government; expenditure rule; government proposal; Fiscal rules; Emerging and frontier financial markets; Budget planning and preparation; Central and Eastern Europe; accounting convention; budget-balance rule; transfer rule; current-balance rule; Caribbean
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, the governments of any of its members, or the institutions represented at the conference.
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