Policy Coordination in Fiscal Federalism : Drawing Lessons From the Dubai Debt Crisis /
Using the cyclically adjusted non-hydrocarbon primary balance, this paper investigates the evolution of the fiscal policy stance in the United Arab Emirates at consolidated and sub-national levels in the run-up and after the crisis. The empirical findings show that procyclical fiscal policies prior...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2011/147 |
| Онлайн доступ: | Full text available on IMF |