A Balancing Act

Reform Options for Paraguay’s Fiscal Responsibility Law

A Balancing Act
Paraguay faces a trade-off between building fiscal credibility and amending the existing fiscal rule to accommodate infrastructure investment and provide space for countercyclical policies. In this paper, we discuss several alternative fiscal rules for Paraguay and present simulations of debt trajectories in each case, assuming a baseline and... READ MORE...

Publication date: November 2016
ISBN 9781475555158
$18.00

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