Lessons and Legacies of the Global Financial Crisis
by
Oya Celasun, Francesco Grigoli, Keiko Ms. Honjo
Language: English
Release Date: April 30, 2015
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...