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Monthly Archives: July 2011
Escape from Procyclicality: Fiscal Policy in Developing Countries
[This column is co-authored with Carlos Végh and Guillermo Vuletin and was published in VoxEU.]
Everywhere one looks, problems of fiscal policy are now center stage. Among advanced countries, the news is bad: Europe’s periphery teeters, the U.K. slashes, the U.S. deadlocks, Japan muddles. But in the rest of the world there is better news: In [...] Continue reading