UID:
edoccha_9958087177102883
Format:
1 online resource (301 p.)
Edition:
1st ed. 2004.
ISBN:
1-4843-8395-8
,
1-349-51512-4
,
1-4843-6990-4
,
1-283-65389-3
,
1-137-00157-7
Series Statement:
Procyclicality of Financial Systems in Asia
Content:
Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts to discuss the rationale, suitability, and usefulness of fiscal policy rules in emerging market economies. Grouped under three main parts (political economy and macroeconomic setting; design issues at the national level; design issues at the subnational level), the chapters have a practical orientation, based on conceptual grounding.
Note:
Conference papers.
,
Cover; Half-title; Title; Copyright; Contents; List of Tables; List of Figures and Box; List of Contributors; Acknowledgments; Foreword; 1 Overview of Fiscal Policy Rules in Emerging Markets; Part I Political Economy and Macroeconomic Setting; 2 Fiscal Rules from a Political Economy Perspective; 3 Good Credit Ratios, Bad Credit Ratings: The Role of Debt Structure; 4 Can Fiscal Rules Help Reduce Macroeconomic Volatility?; 5 Fiscal Policy and High Capital Mobility; 6 Fiscal Institutions versus Political Will; Part II Design Issues at the National Level
,
7 EMU Fiscal Rules: What Can and Cannot be Exported8 Fiscal Rules and Debt Sustainability in Brazil; 9 Fiscal Rules in Mexico: Evolution and Prospects; 10 Fiscal Rules on the Road to an Enlarged European Union; 11 Fiscal Rules for Economies with Nonrenewable Resources: Norway and Venezuela; Part III Design Issues at the Subnational Level; 12 Subnational Fiscal Rules: A Game Theoretic Approach; 13 Rules-Based Adjustment in a Highly Decentralized Context: The Case of India; 14 Fiscal Rules for Subnational Governments: Lessons from the EMU
,
15 Rules for Stabilizing Intergovernmental Transfers in Latin AmericaReferences; Author Index; Subject Index
,
English
Additional Edition:
ISBN 1-4843-6449-X
Additional Edition:
ISBN 1-4039-2085-0
Language:
English
DOI:
10.1057/9781137001573
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