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External Imbalances and Fiscal Policy

Philip Lane

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: We analyse the role of fiscal policy both in the emergence and the unwinding of external imbalances. Furthermore, we probe whether there is a role for fiscal policy in the prevention of excessive external imbalances. Finally, we ask whether fiscal policy could in practice successfully fulfill such a role.

Keywords: external imbalances; fiscal policy (search for similar items in EconPapers)
JEL-codes: E6 F4 (search for similar items in EconPapers)
Date: 2010-02
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