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Public Spending Policies in Latin America and the Caribbean

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Public Spending Policies in Latin America and the Caribbean

When Cyclicality Meets Rigidities

Daniel Riera-CrichtonSeries: Latin American Development Forum

(0)

Year

2024

Language

English

World Bank Publications

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About

This report highlights structural differences in public spending policies between emerging markets and industrialized nations. Emerging markets commit to long-term (rigid) spending based on short-term (cyclical) economic conditions, causing challenges in addressing fiscal imbalances and prompting changes in public spending composition.

Related Subjects

Money & Monetary Policy
Business & Economics
Adult Nonfiction

Extended Details

SeriesLatin American Development Forum

Artists

Daniel Riera-CrichtonAuthor

Guillermo VuletinAuthor