Public Spending Policies in Latin America and the Caribbean When Cyclicality Meets Rigidities |
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| Editor:
| The World Bank, |
| Series title: | Latin American Development Forum Ser. |
| ISBN: | 978-1-4648-2069-4 |
| Publication Date: | Jul 2024 |
| Publisher: | World Bank Publications
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| Book Format: | Paperback |
| List Price: | AUD $74.80 |
Book Description:
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Highlights structural differences in public spending policies between emerging markets and industrialized nations. Emerging markets commit to long-term (rigid) spending based on short-term (cyclical) economic conditions, causing challenges in addressing fiscal imbalances and prompting changes in public spending composition.
Highlights structural differences in public spending policies between emerging markets and industrialized nations. Emerging markets commit to long-term (rigid) spending based on short-term (cyclical) economic conditions, causing challenges in addressing fiscal imbalances and prompting changes in public spending composition.