How much fiscal adjustment is enough? : the case of Colombia
William Russell Easterly
Jan 1989 · PPR Working Paper Series Book 201 · World Bank Publications
Ebook
42
Pages
About this ebook
Colombia's impressive fiscal adjustment during 1985-87 was due to structural changes in fiscal policy -- not to the coffee boom. Further reduction of the fiscal deficit is required to reduce interest rates and inflation to more manageable levels.
Colombia's impressive fiscal adjustment during 1985-87 was due to structural changes in fiscal policy -- not to the coffee boom. Further reduction of the fiscal deficit is required to reduce interest rates and inflation to more manageable levels.
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