JRRA Informativo
INTERNATIONAL ECONOMY
1649
02/05/2018

Capitalizing on Good Times (IMF)

Capitalizing on good times - Fiscal Monitor published by IMF (4/2018). "Strong and broad-based growth provides an opportunity to begin rebuilding fiscal buffers now, improve government balances, and anchor public debt. Strengthening fiscal buffers in the upswing will create room to provide fiscal support in an eventual downturn and will prevent fiscal vulnerabilities from becoming a source of stress if financial conditions deteriorate."

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Depressed Economy (Delong & Summers)

Fiscal policy in a Depressed Economy by J. Bradford Delong and Lawrence H. Summers (2012). "This paper examines fiscal policy in the context of an economy suffering, like the United States today, from protracted high unemployment and output short of potencial. We argue that although the conventional wisdom articulated by John Taylor (2000) rejecting discretionary fiscal policy is appropriate in normal times..."

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Export Era Revisited (Ficker)

The first export era revisited: Reassessing its contribution to Latin American economies edited by Sandra Kuntz-Ficker published by Palgrave (2017). "This book challenges the wide-ranging generalization that dominate the literature on the impact of export-led growth upon Latin America during the first export era..."

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Gastos América Latina (Longinotti)

Panorama de los gastos tributarios en América Latina, principales estadísticas de la Base de Datos del CIAT por Fernando Peláez Longinotti publicado por CIAT (11/2017). "Buena parte de las modificaciones que se pretendan introducir en el sistema trbibutario estarán sometidos a revisión parlamentaria ya que, en general son leyes las que crean, modifican o suprimen tributos..."

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Beyond the Recovery (Giordano)

Beyond the recovery - Competing for market share in the digital era coordinated by Paolo Giordano published by IDB (11/2017). "The recovery of regional exports of goods has been primarily driven by a rebound in commodity prices, while trade in services has been displaying greater resilience. Projections for the second half of 2007 nonetheless point to a growth slowdown."

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