Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis
Latin America's bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively stro...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | Spanish |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
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Schriftenreihe: | IMF Staff Discussion Notes: Staff Discussion Notes No. 15 / 6
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Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Latin America's bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively strong growth in the aftermath of the crisis. Using the experience of Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, this paper examines the lessons and legacies of the crisis by addressing the following questions, among others: How much did the 2009 fiscal stimulus help growth? What shortcomings were revealed in the fiscal policy frameworks? What institutional reforms are now needed to provide enduring anchors for fiscal policy? How much rebuilding of buffers is needed going forward? This SDN examines fiscal policy in Latin American and lessons to be learned from the global financial crisis in the region |
Beschreibung: | 1 Online-Ressource (40 p) |
ISBN: | 1513567799 9781513567792 |
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id | DE-604.BV048355783 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:37Z |
indexdate | 2024-07-10T09:35:47Z |
institution | BVB |
isbn | 1513567799 9781513567792 |
language | Spanish |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033735051 |
oclc_num | 1337137256 |
open_access_boolean | |
owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
owner_facet | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
physical | 1 Online-Ressource (40 p) |
psigel | ZDB-1-IMF |
publishDate | 2015 |
publishDateSearch | 2015 |
publishDateSort | 2015 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF Staff Discussion Notes: Staff Discussion Notes No. 15 / 6 |
spelling | Celasun, Oya Verfasser aut Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis Celasun, Oya Washington, D.C International Monetary Fund 2015 1 Online-Ressource (40 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Discussion Notes: Staff Discussion Notes No. 15 / 6 Latin America's bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively strong growth in the aftermath of the crisis. Using the experience of Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, this paper examines the lessons and legacies of the crisis by addressing the following questions, among others: How much did the 2009 fiscal stimulus help growth? What shortcomings were revealed in the fiscal policy frameworks? What institutional reforms are now needed to provide enduring anchors for fiscal policy? How much rebuilding of buffers is needed going forward? This SDN examines fiscal policy in Latin American and lessons to be learned from the global financial crisis in the region Online-Ausg Grigoli, Francesco Sonstige oth Honjo, Keiko Sonstige oth Kapsoli, Javier Sonstige oth Klemm, Alexander Sonstige oth Lissovolik, Bogdan Sonstige oth Luksic, Jan Sonstige oth Moreno Badia, Marialuz Sonstige oth Pereira, Joana Sonstige oth Poplawski-Ribeiro, Marcos Sonstige oth Shang, Baoping Sonstige oth Ustyugova, Yulia Sonstige oth http://www.elibrary.imf.org/view/IMF006/22491-9781513567792/22491-9781513567792/22491-9781513567792.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Celasun, Oya Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis |
title | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis |
title_auth | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis |
title_exact_search | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis |
title_exact_search_txtP | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis |
title_full | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis Celasun, Oya |
title_fullStr | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis Celasun, Oya |
title_full_unstemmed | Fiscal Policy in Latin America Lessons and Legacies of the Global Financial Crisis Celasun, Oya |
title_short | Fiscal Policy in Latin America |
title_sort | fiscal policy in latin america lessons and legacies of the global financial crisis |
title_sub | Lessons and Legacies of the Global Financial Crisis |
url | http://www.elibrary.imf.org/view/IMF006/22491-9781513567792/22491-9781513567792/22491-9781513567792.xml |
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