Cyclical behavior of fiscal policy : historical overview in emerging economies /

Fiscal policy is often procyclical in many developing countries. In addition to borrowing constraints and political distortions, the possibility of sovereign default and the associated risk premium in bad times play an important role in this procyclical behavior for countries with a high debt level....

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Bibliographic Details

Main Author:	Li, Wei (Tony) (Author)
Format:	eBook
Language:	English
Published:	London : The School of Economics and Management, Beihang University, 2022.
Series:	SAGE Business cases.
Subjects:	Fiscal policy > Developing countries. Fiscal policy Developing countries Electronic books.
Online Access:	Connect to the full text of this electronic book