Seminar Volumes

Rules-Based Fiscal Policy in Emerging Markets: Background, Analysis, and Prospects

Author/Editor:

George Kopits

Publication Date:

December 1, 2004

Summary:

Inspired by the experience of some advanced economies and to enhance creditworthiness, recently a number of emerging market economies adopted rules limiting government deficits, expenditures, or indebtedness. This volume consists of 15 chapters—written by distinguished policy analysts and academics—that focus on the potential usefulness of fiscal rules for these economies, and highlight their brief experience with rules.

Series:

Seminar Volumes

Subject:

Budget planning and preparation Emerging and frontier financial markets Expenditure Financial markets Fiscal policy Fiscal rules Public debt Public financial management (PFM)