Fiscal Policy: When Theory Collides with Reality

Vito Tanzi

No 2312, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper sketches the outline of "Theory of Fiscal Policy" in its most essential elements and outlines the assumptions implicit in it. It then argues that the reality can be far removed from this theory, at least in some countries.

Date: 2006-01
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:2312

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