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(DOWNLOAD) "Experience with Large Fiscal Adjustments" by Mark A. Horton, George C. Tsibouris, Wojciech Maliszewski & Mark J Flanagan ~ Book PDF Kindle ePub Free

Experience with Large Fiscal Adjustments

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eBook details

  • Title: Experience with Large Fiscal Adjustments
  • Author : Mark A. Horton, George C. Tsibouris, Wojciech Maliszewski & Mark J Flanagan
  • Release Date : January 14, 2006
  • Genre: Industries & Professions,Books,Business & Personal Finance,
  • Pages : * pages
  • Size : 3574 KB

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 succesfully? 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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