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Public Spending Policies in Latin America and the Caribbean: When Cyclicality Meets Rigidities (Paperback)
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商品簡介 |
This report highlights structural differences in public spending policies between emerging markets and industrialized nations. Emerging markets commit to long-term (rigid) spending based on short-term (cyclical) economic conditions, causing challenges in addressing fiscal imbalances and prompting changes in public spending composition. |
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