Fiscal Rules and Economic Size in Latin America and the Caribbean

by Fernando Blanco, Friederike Koehler, Pablo Saavedra, et al.

Following the collapse of commodity prices in Latin America and the Caribbean (LAC) in 2014-15, many countries in the region were unable to cushion the impact of the shock in order to experience a more gradual adjustment, to a large extent because they had not built adequate fiscal buffers during the commodities' windfall from 2010-14. Many LAC countries entered 2020 and the COVID-19 crisis in an even more difficult position, with rising debt and...

• Format: Paperback
• Language: English
• ISBN: 1464813825
• ISBN13: 9781464813825
• Release Date: October 2020
• Publisher: World Bank Publications
• Length: 146 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.4" x 6.0" x 8.9"