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Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

Inter-American Development Bank

This change in perspective is especially crucial now, as many LAC countries are undergoing fiscal consolidation to balance their budgets and reduce debt levels while facing increasing pressure from their populations to tackle key development challenges. Note: The regression is a Local Projection following the approach proposed by Jord (2005).

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Remedies When The Government Ceases Paying a Contractor, Grantee, or Cooperatee

Procurement Notes

The sovereign acts doctrine attempts to balance[ ] the Governments need for freedom to legislate with its obligation to honor its contracts by asking whether the sovereign act is properly attributable to the Government as contractor. [62] Generally speaking, the Government seeking to balance the budget is laudable. 602 (1987). [82]

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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. This was done following the 2005 Federal Circuit decision for Tesoro Hawaii Corp. Tenaglia wrote the following.