Jan 2008
Author(s): Werneck, Rogério L.F.;Irwin, Timothy;Sturzenegger, Federico;Perry, Guillermo;Servén, Luis;Mihov, Ilian;Giavazzi, Francesco;Blanchard, Olivier;Araújo, Carlos Hamilton Vasconcelos;Suescún, Rodrigo;Ferreira, Pedro Cavalcanti Gomes;Smart, Michael;Mintz, Jack M.;Fatás, Antonio
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively…