2 options
Fiscal Reforms That Work.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund.
- Series:
- Economic Issues; Economic Issues ; No. 1997/002
- Economic Issues
- Language:
- English
- Physical Description:
- 1 online resource (18 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1997.
- Language Note:
- English
- Summary:
- Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach - that a firm and credible reduction in expenditures, by engendering confidence that taxes will be less burdensome in the future,may lead to lower interest rates, boost consumption, and increaseinvestment spending.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9781455261017
- 1455261017
- 9781455222513
- 1455222518
- 9781455233533
- 1455233536
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