Umfang:
Online-Ressource (40 p)
Ausgabe:
Online-Ausg.
ISBN:
1513567799
,
9781513567792
Serie:
IMF Staff Discussion Notes: Staff Discussion Notes No. 15 / 6
Inhalt:
Latin America’s bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively strong growth in the aftermath of the crisis. Using the experience of Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, this paper examines the lessons and legacies of the crisis by addressing the following questions, among others: How much did the 2009 fiscal stimulus help growth? What shortcomings were revealed in the fiscal policy frameworks? What institutional reforms are now needed to provide enduring anchors for fiscal policy? How much rebuilding of buffers is needed going forward? This SDN examines fiscal policy in Latin American and lessons to be learned from the global financial crisis in the region
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe Celasun, Oya Política fiscal en América Latina: Lecciones y legados de la crisis financiera mundial Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513567792
Sprache:
Spanisch
DOI:
10.5089/9781513567792.006
