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Cyclical behavior of fiscal policy among sub-Saharan African countries

Bag om Cyclical behavior of fiscal policy among sub-Saharan African countries

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of fiscal procyclicality among these countries. It finds that a tendency for procyclical fiscal policy was particularly pronounced among oil exporters and after the global financial crisis.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781513563541
  • Indbinding:
  • Paperback
  • Sideantal:
  • 38
  • Udgivet:
  • 30. Marts 2017
  • Størrelse:
  • 0x280x0 mm.
  • Ukendt - mangler pt..

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Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of fiscal procyclicality among these countries. It finds that a tendency for procyclical fiscal policy was particularly pronounced among oil exporters and after the global financial crisis.

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