Indicators of fiscal policy: Design and applications for Chile

Martner, Ricardo

doi:10.18356/6023a2c6-en

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Growth and Distribution: A Thorny Dilemma1

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2006

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“…Secondly, fiscal policy must be prevented from becoming a mere passive sounding box for the economic cycle and external disturbances. In both cases, pluriannual budgeting exercises, backed up by other available instruments (Martner, 1996), can help to promote a succession of non-traumatic public de cisions in this respect, while providing greater assur ance that the set of actions in question is sustainable in the medium and long term.…”

Section: Growth and Distribution: A Thorny Dilemmamentioning

confidence: 99%