Rules-Based fiscal policy in France, Germany, Italy, and Spain
Author(s)
Bibliographic Information
Rules-Based fiscal policy in France, Germany, Italy, and Spain
（Occasional paper / International Monetary Fund, 225）
International Monetary Fund, 2003
Available at 22 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130//225081000096554
Note
Includes bibliographical references
Description and Table of Contents
Description
In recent decades, most industrial countries have seen a sharp rise in the size of government and a large accumulation of public debt. An increasing number of countries have adopted formal fiscal rules to deal with high public debt levels, such as balanced-budget rules or multiyear frameworks that limit discretionary fiscal policy. This paper studies the design of fiscal rules and frameworks, focusing on the experiences in France, Germany, Italy, and Spain.
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