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Fiscal rules and the pro-cyclicality of public investment in the West African economic and monetary union (Inglês)

Resumo

Evidence from a large panel of low-income and lower middle-income countries over the period 1995-2012 suggests that, contrary to other countries, public investment in the West African Economic and Monetary Union (WAEMU) has been pro-cyclical. Public investment... Exibir mais +

Detalhes

  • Dessus, Sebastien; Diaz Sanchez, Jose Luis; Varoudakis, Aristomene;
  • 2013/08/01
  • Documento de trabalho sobre pesquisa de políticas
  • WPS6562
  • 1
  • 1
  • África Ocidental
  • África
  • 2013/08/01
  • Disclosed
  • Fiscal rules and the pro-cyclicality of public investment in the West African economic and monetary union
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