01703cas a2200253 a 4500 AALejournalIMF011272 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463902315 1018-5941 BD-DhAAL BD-DhAAL Weber, Sebastian. Do Fiscal Spillovers Matter? / Sebastian Weber, Anna Ivanova. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (43 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 The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in 2011-2012 unless fiscal multipliers and/or imports elasticities are very large. Small and open European economies, however, will be substantially affected in any case. In contrast, the coordinated exit from fiscal stimulus will have limited direct effect on European peripheral countries since they are relatively closed, with the notable exception of Ireland. Mode of access: Internet Ivanova, Anna. IMF Working Papers; Working Paper ; No. 2011/211 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/211/001.2011.issue-211-en.xml IMF e-Library