Fiscal Policy and Economic Reconstruction in Latin America
International Monetary Fund (IMF); National Bureau of Economic Research (NBER)
November 2, 1989
IMF Working Paper No. 89/94
This paper surveys the fiscal landscape of Latin America. It analyzes external and domestic factors that over the years led to the deterioration of the fiscal accounts. It also discusses difficulties that are encountered in pursuing a sound fiscal policy under inflationary conditions. Issues such as the connection between external debt and fiscal policy and the role of public investment are also discussed. General guidelines are provided for a fiscal policy for the economic reconstruction of Latin America.
Number of Pages in PDF File: 38
JEL Classification: 120, 320working papers series
Date posted: February 15, 2006
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