Inter-American Development Bank: 'Natural Disasters and Fiscal Procyclicality'
June 04, 2026
June 04, 2026
WASHINGTON, June 4 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper in June 2026 entitled "Natural Disasters and Fiscal Procyclicality."
Here are excerpts:
* * *
Introduction
In recent decades, the cyclical behaviour of fiscal policy has evolved significantly. Historically, many developing countries and emerging markets (EMs) implemented procyclical fiscal policies, expanding spending during booms and . . .
Here are excerpts:
* * *
Introduction
In recent decades, the cyclical behaviour of fiscal policy has evolved significantly. Historically, many developing countries and emerging markets (EMs) implemented procyclical fiscal policies, expanding spending during booms and . . .