The scope for fiscal policy: with examples from Thailand

K (Karel) Jansen

Research output: Working paperAcademic

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Abstract

This paper is concerned with the application of fiscal policy instruments in stabilisation policy. Theoretical and practical considerations suggest that the scope for fiscal policy may be limited, but the analysis of the actual performance of Thailand shows
that an active use has been made of fiscal policy. Compared to advanced economies the
role of automatic stabilisers is relatively small, more important have been the discretionary fiscal policy interventions. The paper is focussed only on the application of fiscal policy instruments not on the impact of fiscal policy interventions on the real economy
Original languageEnglish
Place of PublicationDen Haag
PublisherInternational Institute of Social Studies (ISS)
Number of pages46
Publication statusPublished - Sept 2002

Publication series

SeriesISS working papers. General series
Number369
ISSN0921-0210

Series

  • ISS Working Paper-General Series

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