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Fiscal Institutions and Fiscal Performance (National Bureau of Economic Research Conference Report)

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 | #3995722 in eBooks |  2008-04-15 |  2008-04-15 | File type: PDF

||2 of 2 people found the following review helpful.| superb seminal work on institutions|By Flavio C. Rezende|wonderful seminal work on how institutions matters on performance issues. focusing on the realm of fiscal institutions and policies, this book is a superb and seminal work that paved the way for the next generation on the analysis of policies and institutions. the cases shed light on what institutions matters, when they m

The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country.



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