Rules-Based fiscal policy in France, Germany, Italy, and Spain

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Rules-Based fiscal policy in France, Germany, Italy, and Spain

Teresa Dabán ... [et al.]

(Occasional paper / International Monetary Fund, 225)

International Monetary Fund, 2003

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Includes bibliographical references

内容説明・目次

内容説明

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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  • Occasional paper

    International Monetary Fund

    International Monetary Fund

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