The Resource Front-loaded or back-loaded fiscal adjustments : what works in emerging market economies?, Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados

Front-loaded or back-loaded fiscal adjustments : what works in emerging market economies?, Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados

Label
Front-loaded or back-loaded fiscal adjustments : what works in emerging market economies?
Title
Front-loaded or back-loaded fiscal adjustments
Title remainder
what works in emerging market economies?
Statement of responsibility
Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados
Contributor
Author
Issuing body
Subject
Language
eng
Summary
This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have the highest likelihood of success. Fiscal consolidations based on expenditure cuts increase the probability of approaching and achieving fiscal sustainability but are insufficient to maintain it unless accompanied by revenue reforms. Adjustment episodes launched in countries where governments enjoy a parliamentary majority and do not face imminent elections, are found to be more successful. Fiscal consolidations undertaken under IMF-supported programs also have a higher probability of success
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
339.52
Index
no index present
LC call number
HG3881.5.I58
LC item number
W57 no.04/157
Literary form
non fiction
Nature of contents
dictionaries
Series statement
IMF working paper
Series volume
WP/04/157
Label
Front-loaded or back-loaded fiscal adjustments : what works in emerging market economies?, Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados
Publication
Note
  • "August 2004."
  • At head of title: Fiscal Affairs Department
Antecedent source
file reproduced from original
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647214393
Dimensions
unknown
Extent
1 online resource (23 pages)
File format
one file format
Form of item
online
Isbn
9781282041110
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b37163905
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647214393
  • imf1282041118
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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