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Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had…
Historically, many countries have suffered a pattern of procyclical fiscal policy: spending too much in booms and then forced to cut back…
The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general,…
This paper summarises the findings of an evaluation of the Programme of Advancement through Health and Education (PATH), a conditional cash…
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
Throughout, the history of the Latin America and Caribbean (LAC) region, natural resource wealth has been critical for its economies.…
Given the importance of financial sector development for sustained economic growth, especially in the context of Vietnam’s own performance…