How Long to Read Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World
By Ms. Elva Bova
How Long Does it Take to Read Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World?
It takes the average reader and 27 minutes to read Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World by Ms. Elva Bova
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper documents the spread of fiscal rules in the developing world and investigates the relation between fiscal rules and procyclical fiscal policy. We find that, since the early 2000s, developing countries outnumbered advanced economies as users of fiscal rules. Rules were adopted either as part of the toolkit to join currency unions or to strengthen fiscal frameworks during and after large stabilization and policy reform episodes. The paper also finds that the greater use of fiscal rules has not shielded these countries from procyclicality, since fiscal policy remains procyclical following the adoption of a fiscal rule. We find partial evidence that some features of “second generation” rules, such as the use of cyclically-adjusted targets, well-defined escape clauses, together with stronger legal and enforcement arrangements, may be associated with less procyclicality.
How long is Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World?
Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World by Ms. Elva Bova 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 Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World aloud.
What Reading Level is Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World?
Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World 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 Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World?
Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World by Ms. Elva Bova is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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