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
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 language | English |
|---|---|
| Place of Publication | Den Haag |
| Publisher | International Institute of Social Studies (ISS) |
| Number of pages | 46 |
| Publication status | Published - Sept 2002 |
Publication series
| Series | ISS working papers. General series |
|---|---|
| Number | 369 |
| ISSN | 0921-0210 |
Series
- ISS Working Paper-General Series