It takes the average reader and 41 minutes to read Fiscal Rules and Fiscal Councils: Recent Trends and Performance During the COVID-19 Pandemic by Mr. Hamid R Davoodi
Assuming a reading speed of 250 words per minute. Learn more
Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy room to respond to the health crisis. But the unprecedented fiscal actions have led to large and widespread deviations from deficit and debt limits. The evidence shows that fiscal rules, in general, have been flexible during crises but have not prevented a large and persistent buildup of debt over time. Experience shows that deviations from debt limits are very difficult to reverse. The paper also presents evidence on the benefits of a good track record in abiding by the rules. All these highlight the difficult policy choices ahead and need to further improve rules-based fiscal frameworks.
Fiscal Rules and Fiscal Councils: Recent Trends and Performance During the COVID-19 Pandemic by Mr. Hamid R Davoodi is 41 pages long, and a total of 10,291 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Fiscal Rules and Fiscal Councils: Recent Trends and Performance During the COVID-19 Pandemic aloud.
Fiscal Rules and Fiscal Councils: Recent Trends and Performance During the COVID-19 Pandemic 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.
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