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Fiscal Rules and Economic Size in Latin America and the Caribbean

Following the collapse of commodity prices in Latin America and the Caribbean (LAC) in 2014-15, many countries in the region were unable to cushion the impact of the shock in order to experience a more gradual adjustment, to a large extent because they had not built adequate fiscal buffers during th...

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Bibliographic Details
Main Authors: Blanco, Fernando, Saavedra, Pablo, Koehler-Geib, Friederike, Skrok, Emilia
Format: Online
Published: Washington, DC: World Bank 2020
Subjects:
FISCAL POLICY
FISCAL RULES
EXPENDITURE RULES
PUBLIC EXPENDITURE
COUNTERCYCLICAL POLICY
BUDGET BALANCE
FISCAL SUSTAINABILITY
REVENUE MOBILIZATION
OUTPUT SMOOTHING
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/935121618461168939/fiscal-rules-and-economic-size-in-latin-america-and-the-caribbean
https://hdl.handle.net/10986/34417
https://doi.org/10.1596/978-1-4648-1382-5
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https://documents.worldbank.org/en/publication/documents-reports/documentdetail/935121618461168939/fiscal-rules-and-economic-size-in-latin-america-and-the-caribbean
https://hdl.handle.net/10986/34417
https://doi.org/10.1596/978-1-4648-1382-5

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