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Public Spending Policies in Latin America and the Caribbean
Daniel Riera-Crichton • Guillermo Vuletin
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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.
- Format: Pocket/Paperback
- ISBN: 9781464820694
- Språk: Engelska
- Antal sidor: 120
- Utgivningsdatum: 2024-08-31
- Förlag: World Bank Publications