Although the international economic crisis that began in 2007 did not start with structural fiscal deficits, it has revealed important lessons for fiscal policy and for the role of, and challenges to, the quality of public expenditure. Many countries did not reduce their budget deficits sufficiently during the boom years when revenues were relatively high. Today, therefore, they have little fiscal room to fight the crisis and improve overloaded public...
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2011/01/01
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Documento de Trabalho
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71472
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1
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1
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2012/08/01
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Disclosed
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Improving the quality of public expenditure in the Dominican Republic
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corruption
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