Fiscal policy, stabilization, and growth: prudence or abstinence?

by Perry, Guillermo Serven, Luis Suescun, Rodrigo

Type Book
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"Fiscal Policy, Stabilization, and Growth explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and assesses their possible solutions." --Résumé de l'éditeur.

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Title Statements

  • Full title :Fiscal policy, stabilization, and growth : prudence or abstinence? / edited by Guillermo E. Perry, Luis Servén, Rodrigo Suescún.

Summary

"Fiscal Policy, Stabilization, and Growth explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and assesses their possible solutions." --Résumé de l'éditeur.

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Edition Statements

  • Publication Date:©2008.

Publication Statements

  • Publisher(s):World Bank
  • Place of Publication:Washington, D.C
  • Language:eng
  • Publication Date:©2008.

Notes

In World Bank e-Library.

Titre de l'écran-titre (visionné le 21 octobre 2009).

The Physical Object

  • Description:1 ressource en ligne (xx, 329 pages) : : illustrations, fichier PDF

Edition Identifiers

  • oclc:ocn642295814
  • LC Classification:HJ799.53
  • Dewey Decimal:336.3098

Table of Contents

Overview : fiscal policy, economic fluctuations and growth / Guillermo Perry, Luis Serven, Rodrigo Suescun and Timothy Irwin -- Procyclical fiscal policy and volatility -- Fiscal discipline, volatility and growth / Antonio Fatas and Ilian Mihov -- The size and effectiveness of fiscal automatic stabilizers in Latin America / Rodrigo Suescun -- Fiscal federalism and procyclical spending : the cases of Argentina and Brazil / Federico Sturzenegger and Rogerio Werneck -- Fiscal rules and procyclicality / Guillermo Perry -- Fiscal policy and growth -- Fiscal discipline, public investment and growth / Luis Serven -- Incentives for public investment under fiscal rules / Jack Mintz and Michael Smart -- Improving the SGP through a proper accounting of public investment / Oliver Blanchard and Francesco Giavazzi -- Accrual accounting, long-term fiscal projections, and public investment / Timothy Irwin -- Growth and fiscal effects of infrastructure investment in Brazil / Pedro Cavalcanti Ferreira and Carlos Hamilton Vasconcelos Araujo.

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Subjects

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