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  • Dynamic Effects of Fiscal Rules : Do Initial Conditions Matter ? (英语)

    Fiscal rules have been shown to support fiscal discipline by improving government budget balances and restraining the growth of debt. However, questions remain about what enhances their effectiveness and...

    文件类型: 政策研究报告 报告号: WPS11066 文件日期: 2025年2月18日 披露方式: Disclosed 作者: Antonio Fatas,Bram Gootjes,Joseph Mawejje

  • The Sovereign Spread Compressing Effect of Fiscal Rules during Global Crises (英语)

    Do fiscal rules help suppress sovereign spreads during periods of global financial stress? Yes! This paper examines whether fiscal rules contribute to mitigating sovereign spreads in emerging markets and...

    文件类型: 政策研究报告 报告号: WPS10741 文件日期: 2024年3月28日 披露方式: Disclosed 作者: Islamaj,Ergys,Samano Penaloza,Agustin,Sommers,Scott James

  • Managing the Fiscal Risks Wrought by PPPs : A Simple Framework and Some Lessons from Chile (英语)

    Public-private partnerships are used to procure public infrastructure. Despite involving private investors and concessionaires, they impact the public budget like traditional provision and create fiscal...

    文件类型: 政策研究报告 报告号: WPS10056 文件日期: 2022年5月18日 披露方式: Disclosed 作者: Engel,Eduardo,Ferrari,Martín,Fischer Barkan,Ronald David,Galetovic,Alexander

  • Peru - Public Expenditure and Fiscal Risk Management Project (英语)

    Ratings of Public Expenditure and Fiscal Risk Management Project for Peru were as follows: overall outcome was satisfactory, relevance of prior actions was satisfactory, and achievement of objectives was...

    文件类型: 完成执行与成果报告 报告号: ICR5664 文件日期: 2021年12月15日 披露方式: Disclosed 作者: