Why Some Countries Can Escape the Fiscal Pro-Cyclicality Trap and Others Cannot ?

Why Some Countries Can Escape the Fiscal Pro-Cyclicality Trap and Others Cannot ?

This paper analyzes the procyclicality of fiscal policy on the tax and spending sides in a sample of 116 developing countries between 2000 and 2016. About 20 percent of the countries in the sample switched from procyclical to countercyclical policy...

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Bibliographic Details
Main Authors: Herrera, Santiago, Kouame, Wilfred A., Mandon, Pierre
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
CYCLICALITY
PUBLIC SPENDING
TAX RATE
RIGIDITY
FISCAL POLICY
PROCYCLICAL POLICY
POLITICAL ECONOMY
BUSINESS CYCLE
Online Access:http://documents.worldbank.org/curated/en/510041565102137832/Why-Some-Countries-Can-Escape-the-Fiscal-Pro-Cyclicality-Trap-and-Others-Cannot
http://hdl.handle.net/10986/32215

Internet

http://documents.worldbank.org/curated/en/510041565102137832/Why-Some-Countries-Can-Escape-the-Fiscal-Pro-Cyclicality-Trap-and-Others-Cannot
http://hdl.handle.net/10986/32215

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