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Fiscal policy, stabilization, and growth : prudence or abstinence? / edited by Guillermo E. Perry, Luis Servén, and Rodrigo Suescún.
Lippincott Library HJ799.53 .F574 2008
Available
- Format:
- Book
- Series:
- Latin American development forum
- Latin American development forum series
- Language:
- English
- Subjects (All):
- Fiscal policy--Latin America.
- Fiscal policy.
- Latin America.
- Finance, Public--Latin America.
- Finance, Public.
- Economic stabilization--Latin America.
- Economic stabilization.
- Latin America--Economic policy.
- Economic policy.
- Physical Description:
- xx, 329 pages : illustrations ; 23 cm.
- Place of Publication:
- Washington, D.C. : World Bank, [2008]
- Summary:
- This volume explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book examines the extent of the procyclical and anti-investment biases embedded in the regions fiscal policies and their causes, macroeconomic consequences, and possible solutions.
- Contents:
- Overview: fiscal policy, economic fluctuations and growth / Guillermo Perry, Luis Serven, Rodrigo Suescun and Timothy Irwin
- Procyclical fiscal policy and volatility
- Fiscal discipline, volatility and growth / Antonio Fatas and Ilian Mihov
- The size and effectiveness of fiscal automatic stabilizers in Latin America / Rodrigo Suescun
- Fiscal federalism and procyclical spending: the cases of Argentina and Brazil / Federico Sturzenegger and Rogerio Werneck
- Fiscal rules and procyclicality / Guillermo Perry
- Fiscal policy and growth
- Fiscal discipline, public investment and growth / Luis Serven
- Incentives for public investment under fiscal rules / Jack Mintz and Michael Smart
- Improving the SGP through a proper accounting of public investment / Oliver Blanchard and Francesco Giavazzi
- Accrual accounting, long-term fiscal projections, and public investment / Timothy Irwin
- Growth and fiscal effects of infrastructure investment in Brazil / Pedro Cavalcanti Ferreira and Carlos Hamilton Vasconcelos Araujo.
- Notes:
- Includes bibliographical references and index.
- ISBN:
- 9780821370841
- 0821370847
- 9780821370858
- 0821370855
- OCLC:
- 167499830
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