| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP260 |
| DP260 Some Thoughts on the Role of Fiscal Policy in Stabilization and Structural Adjustment in Developing Countries | |
| Willem Buiter | |
| 发表日期 | 1988-08-01 |
| 出版年 | 1988 |
| 语种 | 英语 |
| 摘要 | The paper analyzes the role of fiscal policy in the restoration of internal and external macroeconomic equilibrium and in achieving structural adjustment, i.e. major changes in the patterns of sectoral and intertemporal resource allocation. The focus is on developing and new industrial countries which are in need of both stabilization and structural adjustment. The external transfer problem and the associated internal fiscal and real resource transfer problems are analyzed with special emphasis on possible causes for the breakdown of the internal and external transfer processes. The concepts of national and public sector solvency are used to evaluate the mutual consistency and feasibility of fiscal, financial and monetary plans. Special attention is devoted to the inflation tax and to the links between the fiscal deficit and inflation. |
| 主题 | International Macroeconomics |
| 关键词 | Fiscal policy Stabilization Structural adjustment |
| URL | https://cepr.org/publications/dp260 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529419 |
| 推荐引用方式 GB/T 7714 | Willem Buiter. DP260 Some Thoughts on the Role of Fiscal Policy in Stabilization and Structural Adjustment in Developing Countries. 1988. |
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