How Long to Read Evaluating Designs for a Fiscal Rule in Bulgaria

By Mr.Jochen R. Andritzky

How Long Does it Take to Read Evaluating Designs for a Fiscal Rule in Bulgaria?

It takes the average reader and 27 minutes to read Evaluating Designs for a Fiscal Rule in Bulgaria by Mr.Jochen R. Andritzky

Assuming a reading speed of 250 words per minute. Learn more

Description

The enhanced Stability and Growth Pact calls on euro area members and aspirants to set boundaries to fiscal deficits through high-level legislation. A limit on the deficit, such as the deficit ceiling in Bulgaria's organic budget law, serves to protect solvency. The recent crisis clearly indicated that the key challenges are not only to contain the deficit but also to avoid a procyclical stance during upswings and to build a buffer for rainy days. Ideally, fiscal policymaking is guided by a fiscal rule that adapts through the economic cycle. This paper lays out the objectives of fiscal rules and analyzes how these objectives can be met in Bulgaria through either a growth-adjusted balance rule or an expenditure rule complemented by a deficit ceiling.

How long is Evaluating Designs for a Fiscal Rule in Bulgaria?

Evaluating Designs for a Fiscal Rule in Bulgaria by Mr.Jochen R. Andritzky is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Evaluating Designs for a Fiscal Rule in Bulgaria Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Evaluating Designs for a Fiscal Rule in Bulgaria aloud.

What Reading Level is Evaluating Designs for a Fiscal Rule in Bulgaria?

Evaluating Designs for a Fiscal Rule in Bulgaria is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Evaluating Designs for a Fiscal Rule in Bulgaria?

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