Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis
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| 520 | 3 | |a 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? | |
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| id | DE-604.BV048355602 |
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| indexdate | 2024-12-20T19:42:31Z |
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| 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 (37 p) |
| psigel | ZDB-1-IMF |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Staff Discussion Notes |
| 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_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://elibrary.imf.org/view/IMF006/22491-9781498304412/22491-9781498304412/22491-9781498304412.xml |
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