Although fiscal adjustment was urged on developing countries during the 1980s to lead them out of economic malaise, considerable uncertainty remains about the relations between fiscal policy and macroeconomic performance. To illustrate how financial markets, private spending, and the external sector react to fiscal policies, the behavior of holdings of money and public debt, private consumption and investment, the trade balance, and the real exchange...
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INFORMATION
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1993/07/31
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Article de revue
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14320
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1
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1
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2001/04/20
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Fiscal deficits and macroeconomic performance in developing countries
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private investment