This paper studies the volatility of fiscal policy in a large sample of countries with a focus on emerging markets and developing economies and commodity exporters over 1990–2021. The findings show that fiscal policy has been more volatile in emerging markets and developing economies than in advanced economies, and in commodity exporters relative to non-commodity exporters over this period. The degree of commodity dependence, and institutional and...
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详细
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2023/04/12
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政策研究报告
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WPS10409
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1
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2023/04/12
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Disclosed
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Fiscal Policy Volatility and Growth in Emerging Markets and Developing Economies