Fiscal rules and economic size in Latin America and the Caribbean / Fernando Blanco, Pablo Saavedra, Friederike Koehler-Geib, and Emilia Skrok.
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 th...
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