Fiscal Policy Challenges for Latin America during the Next Stages of the Pandemic : The Need for a Fiscal Pact.
The fiscal policy response to the COVID-19 shock in most LAC countries was much larger than during the GFC, suggesting fiscal space was not as tight as expected. We argue that it is feasible and desirable, though not without risks, to embark in a more gradual consolidation path than currently envisa...
| Format: | Journal |
|---|---|
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2021/077 |
| Subjects: | |
| Online Access: | Full text available on IMF |