Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence
This volume covers the conduct of fiscal policy in Latin America, and its consequences for macroeconomic stability and long-term growth. The volume's chapters examine different aspects of these problems, ranging from the purely economic to the...
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| Main Authors: | , , |
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| Format: | Online |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/01/8703483/fiscal-policy-stabilization-growth-prudence-or-abstinence https://hdl.handle.net/10986/6818 https://doi.org/10.1596/978-0-8213-7084-1 |
| _version_ | 1866367764222967808 |
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| author | Perry, Guillermo Servén, Luis Suescún, Rodrigo |
| author_facet | Perry, Guillermo Servén, Luis Suescún, Rodrigo |
| author_sort | Perry, Guillermo |
| collection | Colección Libros - Series (activas) |
| description | This volume covers the conduct of fiscal
policy in Latin America, and its consequences for
macroeconomic stability and long-term growth. The
volume's chapters examine different aspects of these
problems, ranging from the purely economic to the
institutional and political economy dimensions. The book is
organized as follows. This chapter offers an integrated
overview of the themes covered in the rest of the volume.
The chapter guides the reader through the rest of the
volume, but it has been written as a self-standing essay for
the benefit of those readers who may not have the time to
indulge in the details of every chapter. The rest of the
volume is organized in two parts. The first part deals with
the pro-cyclical bias of fiscal policy, and the second part
with the anti-investment bias of fiscal discipline --
popularly (albeit somewhat confusingly) known as the fiscal
space problem. The rest of this introductory chapter
consists of four sections. Section II examines recent trends
in fiscal policy in the region and introduces the two main
themes of the book. Sections III and IV present an overview
of the topics covered in the two parts of the book, as well
as the conclusions of the corresponding chapters. Section V
summarizes the implications for future fiscal analysis and
policy management. |
| format | Online |
| id | wb-10986-6818 |
| institution | Banco Mundial |
| language | English en_US |
| publishDate | 2012 |
| publisher | Washington, DC: World Bank |
| record_format | dspace |
| spelling | wb-10986-68182025-04-16T04:41:35Z Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence Perry, Guillermo Servén, Luis Suescún, Rodrigo ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE STRUCTURE ALLOCATION BASELINE SCENARIO BENEFICIARIES BUDGET CONSTRAINTS BUDGET FRAMEWORK CAPITAL EXPENDITURES CAPITAL PROJECTS CENTRAL BANK CIVIL SERVICE CIVIL SERVICE AGENCY COMPOSITION OF PUBLIC SPENDING CORPORATE INCOME TAX ECONOMIC CLASSIFICATION EDUCATION PERFORMANCE EDUCATION SPENDING EDUCATION SYSTEM EDUCATIONAL GOVERNMENT FINANCE GOVERNMENT FINANCE STATISTICS GOVERNMENT PRIORITIES GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT This volume covers the conduct of fiscal policy in Latin America, and its consequences for macroeconomic stability and long-term growth. The volume's chapters examine different aspects of these problems, ranging from the purely economic to the institutional and political economy dimensions. The book is organized as follows. This chapter offers an integrated overview of the themes covered in the rest of the volume. The chapter guides the reader through the rest of the volume, but it has been written as a self-standing essay for the benefit of those readers who may not have the time to indulge in the details of every chapter. The rest of the volume is organized in two parts. The first part deals with the pro-cyclical bias of fiscal policy, and the second part with the anti-investment bias of fiscal discipline -- popularly (albeit somewhat confusingly) known as the fiscal space problem. The rest of this introductory chapter consists of four sections. Section II examines recent trends in fiscal policy in the region and introduces the two main themes of the book. Sections III and IV present an overview of the topics covered in the two parts of the book, as well as the conclusions of the corresponding chapters. Section V summarizes the implications for future fiscal analysis and policy management. 2012-05-31T21:43:09Z 2012-05-31T21:43:09Z 2008 http://documents.worldbank.org/curated/en/2007/01/8703483/fiscal-policy-stabilization-growth-prudence-or-abstinence 978-0-8213-7084-1 https://hdl.handle.net/10986/6818 https://doi.org/10.1596/978-0-8213-7084-1 English en_US Latin American Development Forum CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain Washington, DC: World Bank |
| spellingShingle | ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE STRUCTURE ALLOCATION BASELINE SCENARIO BENEFICIARIES BUDGET CONSTRAINTS BUDGET FRAMEWORK CAPITAL EXPENDITURES CAPITAL PROJECTS CENTRAL BANK CIVIL SERVICE CIVIL SERVICE AGENCY COMPOSITION OF PUBLIC SPENDING CORPORATE INCOME TAX ECONOMIC CLASSIFICATION EDUCATION PERFORMANCE EDUCATION SPENDING EDUCATION SYSTEM EDUCATIONAL GOVERNMENT FINANCE GOVERNMENT FINANCE STATISTICS GOVERNMENT PRIORITIES GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT Perry, Guillermo Servén, Luis Suescún, Rodrigo Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title | Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title_full | Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title_fullStr | Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title_full_unstemmed | Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title_short | Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence |
| title_sort | fiscal policy stabilization and growth prudence or abstinence |
| topic | ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE STRUCTURE ALLOCATION BASELINE SCENARIO BENEFICIARIES BUDGET CONSTRAINTS BUDGET FRAMEWORK CAPITAL EXPENDITURES CAPITAL PROJECTS CENTRAL BANK CIVIL SERVICE CIVIL SERVICE AGENCY COMPOSITION OF PUBLIC SPENDING CORPORATE INCOME TAX ECONOMIC CLASSIFICATION EDUCATION PERFORMANCE EDUCATION SPENDING EDUCATION SYSTEM EDUCATIONAL GOVERNMENT FINANCE GOVERNMENT FINANCE STATISTICS GOVERNMENT PRIORITIES GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT |
| url | http://documents.worldbank.org/curated/en/2007/01/8703483/fiscal-policy-stabilization-growth-prudence-or-abstinence https://hdl.handle.net/10986/6818 https://doi.org/10.1596/978-0-8213-7084-1 |
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