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| dc.title | Preconditions for Establishing Structural Fiscal Balances in Latin America and the Caribbean: The Case of Brazil |
| dc.contributor.author | Levy, Paulo |
| dc.contributor.orgunit | Fiscal and Municipal Management Division |
| dc.coverage | Brazil |
| dc.date.available | 2013-08-06T00:00:00 |
| dc.date.issue | 2013-07-31T00:00:00 |
| dc.description.abstract | Fiscal policy has been at the center of Brazil's economic dynamics and performance for more than 30 years. In this line, the approval and implementation of a Fiscal Responsibility Law in 2000 was a key step in supporting fiscal sustainability and the transparency of fiscal accounts. Despite these improvements, removing the uncertainties and addressing the imbalances that still persist in fiscal policy-a long-term trend of rising expenditures and tax burden-will be a crucial step when considering further modifications to the current framework, especially regarding the introduction of a structural fiscal balance rule. |
| dc.format.extent | 50 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0006964 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Preconditions-for-Establishing-Structural-Fiscal-Balances-in-Latin-America-and-the-Caribbean-The-Case-of-Brazil.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Monetary Policy |
| dc.subject | Fiscal Policy |
| dc.subject | Investment |
| dc.subject | Public Expenditure |
| dc.subject | Government Revenue |
| dc.subject.jelcode | H60 - National Budget, Deficit, and Debt: General |
| dc.subject.jelcode | O13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products |
| dc.subject.keywords | Fiscal Policy, Fiscal Rules, Fiscal Imbalances, Structural Fiscal Balance Rule |
| dc.type | Discussion Papers |
| idb.identifier.pubnumber | Discussion Papers |