Interpreting budget deficits in Latin America: methods with application to Argentina

Article Abstract:

Argentine data can provide a valuable insight into the most appropriate ways of interpreting Latin American budget policy. It is important to be aware that the evaluation process must begin by assessing the degree to which government expenditure and revenue are automatically affected by the business cycle. It is clear that there is a considerable degree of inflation endogeneity in the Argentine budget and that budget policy in Argentina is not well managed from the Keynesian point of view. It can be argued that Latin American countries must take into account their policy targets and sources of budget endogeneity when assessing fiscal policy.

Economic policy, Argentina, Fiscal policy, Latin America

---

Economic foundations of the current regulatory reform efforts

Article Abstract:

The American Congress is concerned about the economic foundations of the regulatory policy it introduced in 1995 and 1996. As market economies fail to intrinsically address environmental pollution and other risks, there is a need to ensure that laws regulating these risks yield social benefits commensurate with their costs. The bills promulgating these policies could, however, affect the process of regulation negatively by causing delays in forming panels for review. Only those reforms which make the assessment of regulation more sound and less biased can improve such regulation.

Interpretation and construction, Evaluation, Economic aspects, Industry regulations, Government regulation of business, Trade regulation, Delegated legislation, Legislation, Legislative process

---

Similar abstracts:

• Abstracts: An integrated model of the data measurement and data generation processes with an application to consumers' expenditure
• Abstracts: Incentives in organizations. An introduction to vote-counting schemes. An introduction to applicable game theory
• Abstracts: Target costing performance based on alternative participation and evaluation methods: a laboratory experiment
• Abstracts: Testing for a unit root in time series with trend breaks. An integrated analysis of Turkish inflation. Near observational equivalence and fractionally integrated processes
• Abstracts: The Legal, Political and Institutional Implications of the Isoglucose Judgements in 1980. Offshoring: political myths and economic reality

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.