Placeholder text

Go to cart

Fiscal Dominance and Policy Coordination in Developing Economies

By Karrar Hussain

Fiscal Dominance and Policy Coordination in Developing Economies Law

Fiscal Dominance and Policy Coordination in Developing Economies

0 - Default Title
Description
Fiscal Dominance and Policy Coordination in Developing Economies: Concepts, Evidence, and Institutional Lessons from Pakistan, Brazil, and Sub-Saharan Africa.Why do many emerging markets with independent central banks struggle to achieve inflation targets and stable growth? The answer lies in fiscal dominance-where monetary policy operates under fiscal constraints that fundamentally alter its effectiveness, reflecting limited tax capacity, shallow financial markets, and rigid political economy constraints.Recent challenges intensify this urgency: COVID-19's unprecedented fiscal expansions, climate change pressures, digital currencies, and geopolitical tensions disrupting financing channels all strain fiscal-monetary relationships.This monograph develops the novel ¿-backing rule framework to analyze these interactions systematically. Through theoretical modeling, numerical analysis, and detailed case studies of Pakistan, Brazil, and Ghana, it demonstrates how fiscal dominance operates in practice and illuminates paths toward improved macroeconomic stability in developing economies.
Product details
Binding:
Paperback
Number of Pages:
164
Release Date:
2025-11-16
Publication Date:
2025-11-16
Publisher:
LAP LAMBERT Academic Publishing
Languages:
Original: English
ISBN10:
6209132308
ISBN13:
9786209132308
Weight:
262 g
Height:
150 cm
Width:
220 cm
Thickness:
10 cm
Buy on Amazon
Currently sold out