Batch-0008-041: Fiscal Anchors and the Credibility Gap in Emerging-Market Debt Management

批次0008-041：财政锚点与新兴市场债务管理的可信度鸿沟

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Many emerging economies adopt fiscal rules—like debt-to-GDP ceilings—to signal macroeconomic prudence to investors.
Yet repeated suspensions of these rules during elections or crises severely weaken their credibility over time.

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