01798cas a2200253 a 4500 AALejournalIMF016982 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498381017 1018-5941 BD-DhAAL BD-DhAAL Vtyurina, Svetlana. Fiscal Multipliers and Institutions in Peru : Getting the Largest Bang for the Sol / Svetlana Vtyurina, Zulima Leal. Washington, D.C. : International Monetary Fund, 2016. 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 end of the commodity super cycle, Peru's potential growth has declined, raising questions of what government policies could do to help boost growth, including over the medium-term. Our econometric analysis shows that public investment multipliers have a larger effect on growth than current spending or tax-related stimulus in the short and medium terms. Peru's low debt and financial savings grants fiscal space for increasing investment spending, which could also entice and complement private investment, provided the former is efficient, fiscally sustainable and complemented by further reforms in public investment management and changes to the decentralization framework. Mode of access: Internet Leal, Zulima. IMF Working Papers; Working Paper ; No. 2016/144 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/144/001.2016.issue-144-en.xml IMF e-Library