Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021. Although fiscal rules promise to support fiscal discipline and maintain debt sustainability, their track record is often mixed, as simply adopting a fiscal rule does not … [Read more...] about Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action
Martín Ardanaz

Martín Ardanaz
Martin Ardanaz is a Senior Specialist at the Fiscal Management Division (FMM) responsible for the design and supervision of fiscal management and policy strengthening projects in Peru. In addition, he leads an applied research agenda in various areas of public finance, including the functioning of fiscal rules, the macroeconomic impacts of fiscal policy, and the political economy of fiscal reforms. His research has been published in specialized journals such as IMF Economic Review, World Development, and Journal of International Money and Finance, among others.