Strategies for Fiscal Consolidation in the Post-Crisis World

By: Stephanie Eble and Cemile Sancak and Mauricio Villafuerte and Olivier Basdevant and Ricardo Velloso and S.M. Ali Abbas and Greetje Everaert and Jan Gottschalk and Fuad Hasanov and Junhyung Park

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Synopsis: In response To The global financial crisis, governments provided substantial support To The financial and other key sectors. Although this cushioned the adverse effects of the crisis, it is necessary now to articulate a strategy to ensure the sustainability of public finances. This paper discusses the scale and composition of fiscal adjustment that will need to occur once the recovery is securely under way. Although specific country-level circumstances will influence the composition of the adjustment and its political feasibility, In many cases restoring fiscal sustainability will require reforms to reduce spending and increase tax revenue.

Book Quality:: Publisher Quality
ISBN-13:: 9781455289912
Publisher:: International monetary fund
Date of Addition:: 04/04/12
Copyrighted By:: International monetary fund
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: History, Nonfiction, Business and Finance, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.