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Fiscal Politics
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Abstract

Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.

Front Matter
Introduction
Part I: Elections, Ideology, and Political Fragmentation
Part II: Institutions, Rules, and Fiscal Councils
Part III: Supranational Fiscal Politics
Back Matter
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Author:
Vitor Gaspar
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,
Mr. Sanjeev Gupta
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Mr. Carlos Mulas-Granados https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
07 Apr 2017
DOI:
https://doi.org/10.5089/9781475547900.071
ISBN:
9781475547900
Pages:
548
Keywords:
BOOK; government; expenditure rule; center; wage bill; promise gap; revenue conditionality; energy subsidy; Fiscal rules; Europe; Global; Sub-Saharan Africa; Middle East; Africa; incumbent government; Caribbean
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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