Budget Rigidity in Latin America and the Caribbean : Causes, Consequences, and Policy Implications

Budget Rigidity in Latin America and the Caribbean : Causes, Consequences, and Policy Implications

Policy makers in Latin America and the Caribbean (LAC) often complain that poor fiscal performance in their countries is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely ignored by the literature because of the lack of adequate measures...

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Bibliographic Details
Main Authors: Herrera, Santiago, Olaberria, Eduardo
Format: Book
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
FISCAL POLICY
POLITICAL ECONOMY
BUDGETARY PROCESS
EXTERNAL CONSTRAINTS
PUBLIC EMPLOYMENT
WAGE BILL
SUBNATIONAL EXPENDITURE
PUBLIC DEBT
DEBT SUSTAINABILITY
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/181171586472396016/budget-rigidity-in-latin-america-and-the-caribbean-causes-consequences-and-policy-implications
http://hdl.handle.net/10986/33571

Internet

https://documents.worldbank.org/en/publication/documents-reports/documentdetail/181171586472396016/budget-rigidity-in-latin-america-and-the-caribbean-causes-consequences-and-policy-implications
http://hdl.handle.net/10986/33571

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