Experience with large fiscal adjustments
Author(s)
Bibliographic Information
Experience with large fiscal adjustments
(Occasional paper / International Monetary Fund, no. 246)
International Monetary Fund, 2006
Available at / 20 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130-246081200600140
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Note
Includes bibliographical reference (p. 44)
Description and Table of Contents
Description
When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions. Can a large fiscal adjustment be implemented successfully? How is a large adjustment best designed and implemented? What will be its impact on the economy? This ""Occasional Paper"" addresses these questions by describing the experience of countries that have undertaken large fiscal adjustments in the last three decades. It provides operational guidance to policymakers by identifying preconditions, common policy approaches, and institutional arrangements underlying successful and unsuccessful adjustment episodes.
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