The Trinity of Budgetary Institutions, Political Institutions and Fiscal Cyclicality: Evidence from Egypt
Source: Economic Research Forum Author(s): Sarah El Khishin and Mohamed Zaky Original Link: http://erf.org.eg/publications/the-trinity-of-budgetary-institutions-political-institutions-and-fiscal-cyclicality-evidence-from-egypt-2/ Fiscal policy is empirically proven in many papers as procyclical in developing countries as a result of longstanding weaknesses in budgetary and political...
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