The global financial crisis has reignited interest in counter-cyclical fiscal policy as a critical instrument to provide immediate economic stimulus. But policy makers are also increasingly interested in how fiscal policy will impact growth and poverty over a longer run horizon, knowing that any quick responses to exogenous shocks also affect income generation and distribution. Those effects are less well known, however, and their dynamics still represent a challenge ...
[PDF.vi80] Is Fiscal Policy the Answer?: A Developing Country Perspective (Directions in Development) Rating: 4.66 (472 Votes)
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