Public Spending Policies in Latin America and the Caribbean

Public Spending Policies in Latin America and the Caribbean When Cyclicality Meets Rigidities

Paperback (31 Jul 2024)

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Publisher's Synopsis

This report highlights structural differences in public spending policies between emerging markets and industrialized nations. Emerging markets commit to long-term (rigid) spending based on short-term (cyclical) economic conditions, causing challenges in addressing fiscal imbalances and prompting changes in public spending composition.

Book information

ISBN: 9781464820694
Publisher: World Bank Group Publications
Imprint: The World Bank
Pub date:
Language: English
Number of pages: 120
Weight: -1g
Height: 178mm
Width: 254mm