Fiscal Positions in Latin America: Have they Really Improved?
Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a ""structural"" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycl...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
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Schriftenreihe: | IMF Working Papers
Working Paper No. 08/137 |
Schlagworte: | |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a ""structural"" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycle, and evaluating commodity revenues using alternative medium term commodity price projections. The main result is that structural revenues have indeed improved as a share of GDP, and structural primary balances are currently in surplus in many Latin American countries. However, the magnitude of these improvements is uncertain, in part due to uncertainty about the commodity price outlook |
Beschreibung: | Includes bibliographical references |
Beschreibung: | 1 Online-Ressource (30 p) |
ISBN: | 1451869967 9781451869965 |
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illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:26Z |
indexdate | 2024-07-10T09:35:34Z |
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series2 | IMF Working Papers |
spelling | Zettelmeyer, Jeromin Verfasser aut Fiscal Positions in Latin America Have they Really Improved? Zettelmeyer, Jeromin Washington, D.C International Monetary Fund 2008 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/137 Includes bibliographical references Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a ""structural"" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycle, and evaluating commodity revenues using alternative medium term commodity price projections. The main result is that structural revenues have indeed improved as a share of GDP, and structural primary balances are currently in surplus in many Latin American countries. However, the magnitude of these improvements is uncertain, in part due to uncertainty about the commodity price outlook Online-Ausg Business cycles Latin America Fiscal policy Latin America Revenue Latin America Electronic books Hollar, Ivanna Vladkova Sonstige oth http://elibrary.imf.org/view/IMF001/09299-9781451869965/09299-9781451869965/09299-9781451869965.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Zettelmeyer, Jeromin Fiscal Positions in Latin America Have they Really Improved? Business cycles Latin America Fiscal policy Latin America Revenue Latin America |
title | Fiscal Positions in Latin America Have they Really Improved? |
title_auth | Fiscal Positions in Latin America Have they Really Improved? |
title_exact_search | Fiscal Positions in Latin America Have they Really Improved? |
title_exact_search_txtP | Fiscal Positions in Latin America Have they Really Improved? |
title_full | Fiscal Positions in Latin America Have they Really Improved? Zettelmeyer, Jeromin |
title_fullStr | Fiscal Positions in Latin America Have they Really Improved? Zettelmeyer, Jeromin |
title_full_unstemmed | Fiscal Positions in Latin America Have they Really Improved? Zettelmeyer, Jeromin |
title_short | Fiscal Positions in Latin America |
title_sort | fiscal positions in latin america have they really improved |
title_sub | Have they Really Improved? |
topic | Business cycles Latin America Fiscal policy Latin America Revenue Latin America |
topic_facet | Business cycles Latin America Fiscal policy Latin America Revenue Latin America |
url | http://elibrary.imf.org/view/IMF001/09299-9781451869965/09299-9781451869965/09299-9781451869965.xml |
work_keys_str_mv | AT zettelmeyerjeromin fiscalpositionsinlatinamericahavetheyreallyimproved AT hollarivannavladkova fiscalpositionsinlatinamericahavetheyreallyimproved |