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How should developing countries respond to the current crisis?
Oleh:
Kraay, Aart
;
Serven, Luis
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
World Bank Research Digest vol. 3 no. 02 (2009)
,
page 02.
Topik:
Developing Countries
;
Fiscal Policy
;
Fiscal Expansion
Ketersediaan
Perpustakaan PKPM
Nomor Panggil:
W81
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
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Isi artikel
Developing countries considering a fiscal response to the financial crisis should heed the lessons of teh past. The prospect of a deep global slump has brought attention to discretionary fiscal policy as a potential tool for mitigating the severity of the slowdown. Developing countries, however, have a decidedly mixed record in using fiscal policy to stabilize fluctuations in output.
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