Second-Generation Fiscal Rules

Balancing Simplicity, Flexibility, and Enforceability

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Second-Generation Fiscal Rules by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo ISBN: 9781484350935
Publisher: INTERNATIONAL MONETARY FUND Publication: April 13, 2018
Imprint: Language: English
Author: Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
ISBN: 9781484350935
Publisher: INTERNATIONAL MONETARY FUND
Publication: April 13, 2018
Imprint:
Language: English

Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog

More books from INTERNATIONAL MONETARY FUND

Cover of the book Finance & Development, September 1974 by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Monetary Policy and Bank Risk-Taking by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Finance & Development, September 1982 by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book External Borrowing in the Baltics, Russia, and Other States of the Former Soviet Union - the Transition to a Market Economy by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Capital Flight from Russia by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Manual on Fiscal Transparency by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Emerging Market Volatility by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book India: Economic Reform and Growth by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Finance & Development, March 1983 by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Finance & Development, June 1996D by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book  by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Fiscal Space by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book The Multilateral System of Payments: Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Latin America: New Challenges to Growth and Stability by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
Cover of the book Deflation: Determinants, Risks, and Policy Options by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Duarte Lledo, Catherine A Pattillo
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy