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Fiscal Expansions (Baldacci and Gupta)

By Emanuele Baldacci and Sanjeev Gupta, the article (in Finance and Development, IMF) discusses how governments choose to construct their taxing and spending policies makes a difference both to the duration of an economic recession and to the sustainability of the recovery after the downturn ends.

http://www.imf.org/external/pubs/ft/fandd/2009/12/baldacci.htm

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