Second-Generation Fiscal Rules PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Second-Generation Fiscal Rules PDF full book. Access full book title Second-Generation Fiscal Rules by Luc Eyraud. Download full books in PDF and EPUB format.

Second-Generation Fiscal Rules

Second-Generation Fiscal Rules PDF Author: Luc Eyraud
Publisher: International Monetary Fund
ISBN: 1484350685
Category : Business & Economics
Languages : en
Pages : 132

Get Book Here

Book Description
Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog