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9780821370841

Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence?

by ; ;
  • ISBN13:

    9780821370841

  • ISBN10:

    0821370847

  • Format: Paperback
  • Copyright: 2007-11-01
  • Publisher: World Bank

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Supplemental Materials

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Summary

This volume is concerned with the conduct of fiscal policy in Latin America, and its consequences for macroeconomic stability and long-term growth. It examines the extent of the procyclical and anti-investment biases embedded in the region's fiscal policies, their causes and macroeconomic consequences, and possible solutions.

Table of Contents

Overview: Fiscal Policy, Economic Fluctuations, and Growthp. 1
Procyclical Fiscal Policy and Volatility
Fiscal Discipline, Volatility, and Growthp. 43
The Size and Effectiveness of Automatic Fiscal Stabilizers in Latin Americap. 75
Fiscal Federalism and Procyclical Spending: The Cases of Argentina and Brazilp. 121
Fiscal Rules and Procyclicalityp. 159
Fiscal Policy and Growth
Fiscal Discipline, Public Investment, and Growthp. 195
Incentives for Public Investment under Fiscal Rulesp. 225
Improving the Stability and Growth Pact through Proper Accounting of Public Investmentp. 259
Accrual Accounting, Long-Term Fiscal Projections, and Public Investmentp. 273
Growth and Fiscal Effects of Infrastructure Investment in Brazilp. 297
Table of Contents provided by Blackwell. All Rights Reserved.

Supplemental Materials

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The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

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