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The Fiscal Covenant in Guatemala: Lessons learned from the negotiations / Juan Alberto Fuentes Knight and Maynor Cabrera.
- Format:
- Book
- Government document
- Author/Creator:
- Fuentes, Juan Alberto, author.
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Guatemala.
- Local Subjects:
- Economic and Social Development.
- Guatemala.
- Physical Description:
- 1 online resource (13 pages)
- Contained In:
- CEPAL Review Vol. 2006, no. 88, p. 145-157 2006:88<145 16840348
- Place of Publication:
- New York : United Nations, 2006.
- System Details:
- data file
- Summary:
- Guatemala's recent experience in negotiating a fiscal covenant, together with other efforts -some more successful than others- to achieve social covenants on fiscal policy, may serve as a lesson or suggest key elements for a fiscal covenant. This article analyses the Guatemalan experience in the light of the main determining factors of a number of successful or failed fiscal covenants in countries as diverse as Chile, Indonesia, Poland, the Russian Federation, Sweden, the United Kingdom and the United States. In conclusion, the authors identify 10 key components of a successful fiscal covenant, based on Guatemala's experience and that of the other countries mentioned above.
- Notes:
- Title from title screen (viewed May 1, 2017).
- Access Restriction:
- Restricted for use by site license.
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