Procyclical Fiscal Policy

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procy...

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Bibliographic Details

Main Author:	Ihori, Toshihiro (Author)
Format:	Electronic eBook
Language:	English
Published:	Singapore : Springer Singapore , 2018.
Edition:	1st ed. 2018.
Series:	Development Bank of Japan Research Series,
Subjects:	Public finance. Asia-Economic conditions.
ISBN:	9789811329951
ISSN:	2367-0967
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