Heller, Peter S. - In: FinanzArchiv: Public Finance Analysis 59 (2002) 1, pp. 141-141
This paper provides a perspective on how the IMF assesses a "sound fiscal policy", focusing principally on industrial … and emerging market economies. It observes six central criteria: the short-term fiscal policy stance, with greater … emphasis on automatic stabilizers than discretionary fiscal policy; relevance of medium and sometimes long-term issues; fiscal …