A new action-based dataset of fiscal consolidation in Latin America and the Caribbean by Antonio C. David and Daniel Leigh published by IMF (4/2018). “This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and long-term fiscal health and not by a response to prospective economic conditions…”
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