首页    期刊浏览 2024年12月12日 星期四
登录注册

文章基本信息

  • 标题:Fiscal Objectives in the Post IMF Program World: The Case of Albania
  • 本地全文:下载
  • 作者:Jonas, Jiri
  • 期刊名称:International Monetary Fund Survey
  • 印刷版ISSN:0047-083X
  • 出版年度:2010
  • 期号:Mar
  • 出版社:International Monetary Fund
  • 摘要:

    The paper discusses the challenges facing Albania's fiscal policy following the graduation from the IMF programs. It argues that Albania's public debt remains too high and needs to be reduced. Strengthening the fiscal framework, including by introducing a numerical fiscal rule, could help achieve this objective. The paper discusses two alternative rules, with the objective of achieving a gradual decline in the public debt ratio. One rule would limit nominal expenditure growth, with a correction mechanism to guard against revenue slippages and other shocks. An alternative rule would limit the growth in nominal public debt.

  • 关键词:Fiscal policy ; fiscal rules ; debt sustainability
国家哲学社会科学文献中心版权所有