Interdependence of trade and public finance policy are important considerations in designing macroeconomic policy, public revenue policy, and public expenditure policy. A competitive real exchange rate, improved trade performance, and trade liberalization are all built on the base of sound fiscal management. Trade policies and trade liberalization may, however have a negative effect on fiscal balances, which must be considered and compensated for...
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1989/04/30
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Рабочий документ в рамках исследования вопросов политики
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WPS181
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1
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1
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2010/07/01
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Public finance, trade, and development : what have we learned?
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research need
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