01615cas a2200241 a 4500 AALejournalIMF001706 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856545 1018-5941 BD-DhAAL BD-DhAAL Kopits, George. Fiscal Rules : Useful Policy Framework or Unnecessary Ornament? / George Kopits. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students With the primary objective of conferring credibility on macroeconomic policies, an increasing number of advanced and emerging market economies have adopted various forms of fiscal rules (mainly balanced-budget requirements and debt limits). In contrast to previous fiscal rules, many of which lacked transparency, recently introduced rules have the potential of serving as a useful depoliticized policy framework, and over time, can contribute to stability and growth. To this end, they need to be well designed and supported by an appropriate institutional infrastructure. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/145 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/145/001.2001.issue-145-en.xml IMF e-Library