Libros
Fiscal Rules and Economic Size in Latin America and the Caribbean
ISBN: 978-1-4648-1581-2
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): Blanco, Fernando, [et al.]
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): Blanco, Fernando, [et al.]
Following the collapse of commodity prices in Latin America and the Caribbean (LAC) in 2014-15, many countries in the region were unable to cushion the impact of the shock in order to experience a more gradual adjustment, to a large extent because they had not built adequate fiscal buffers during the commodities' windfall from 2010-14. Many LAC countries entered 2020 and the COVID-19 crisis in an even more difficult position, with rising debt and limited fiscal space to smooth the negative impacts of the pandemic and adequately support their economies.
[Washington: 2020]
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