Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries /

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of fiscal procyclicality among these countries. It finds that a tendency for procyclical f...

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Hlavní autor: Konuki, Tetsuya
Další autoři: Villafuerte, Mauricio
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:Departmental Papers; Departmental Paper ; No. 2016/009
On-line přístup:Full text available on IMF