How Long to Read Fiscal Stimulus and Credibility in Emerging Countries

By Mrs.Hanan Morsy

How Long Does it Take to Read Fiscal Stimulus and Credibility in Emerging Countries?

It takes the average reader and 26 minutes to read Fiscal Stimulus and Credibility in Emerging Countries by Mrs.Hanan Morsy

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

Description

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of international reserves as it enhances credibility and mitigates concerns about the effect of expansionary fiscal policy on the cost of borrowing and debt service. The paper also examines the effectiveness of the fiscal policy in emerging countries in the short- and long-run and its underlying conditions, which does not appear to be uniform. In some cases, contractionary fiscal policy could stimulate growth in the short-run, if fiscal tightness lowers the cost of borrowing and debt service, and mitigates concerns about debt sustainability. However, an increase in international reserves is evident to mitigate these concerns. On the other hand, high inflation increases concerns about the impact of fiscal spending on inflationary expectations and the cost of borrowing, countering the effectiveness of the fiscal stimulus on output growth in the short-run. Where the debt burden is high, fiscal expansion has a longlasting negative effect on real growth.

How long is Fiscal Stimulus and Credibility in Emerging Countries?

Fiscal Stimulus and Credibility in Emerging Countries by Mrs.Hanan Morsy is 26 pages long, and a total of 6,656 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 Stimulus and Credibility in Emerging Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read Fiscal Stimulus and Credibility in Emerging Countries aloud.

What Reading Level is Fiscal Stimulus and Credibility in Emerging Countries?

Fiscal Stimulus and Credibility in Emerging Countries 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 Stimulus and Credibility in Emerging Countries?

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