It takes the average reader and 35 minutes to read Strengthening the WAEMU Regional Fiscal Framework by Mr. Antonio David
Assuming a reading speed of 250 words per minute. Learn more
This paper assesses the adequacy and effectiveness of the WAEMU fiscal framework along three pillars that have proven to effectively support fiscal discipline in monetary unions—common fiscal rules (including adequacy of numerical ceilings as well as elements of design and enforcement), shared public financial management systems, and coordination mechanisms for decentralized fiscal policies. We undertake a calibration of regional debt and fiscal deficit ceilings taking into account different macroeconomic tradeoffs and risks and conclude that numerical ceilings that prevailed before the suspension of the fiscal rules remain adequate and strike the right balance between growth and fiscal sustainability. The paper also proposes reform options to strengthen the WAEMU regional fiscal surveillance framework, with a view to more effectively supporting fiscal discipline.
Strengthening the WAEMU Regional Fiscal Framework by Mr. Antonio David is 35 pages long, and a total of 8,925 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Strengthening the WAEMU Regional Fiscal Framework aloud.
Strengthening the WAEMU Regional Fiscal Framework is suitable for students ages 8 and up.
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