Subnational Fiscal Policy in Large Developing Countries: Some Lessons from the 2008-09 Crisis for Brazil, China and India

In response to the Great Recession of 2008, many national governments implemented fiscal stimuli packages in 2009 and 2010 to prevent further declines in aggregate demand and to jump start their economic recovery. Where subnational governments resp...

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Bibliographic Details
Main Authors: Fardoust, Shahrokh, Ravishankar, V.J.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/04/17580907/subnational-fiscal-policy-large-developing-countries-some-lessons-2008-09-crisis-brazil-china-india
http://hdl.handle.net/10986/14447