Download Strategies for Fiscal Consolidation in the Post-Crisis by Mauricio Villafuerte,Cemile Sancak,Jan Gottschalk,S. M. Ali PDF

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

according to the worldwide monetary quandary, governments supplied sizeable aid to the monetary and different key sectors. even supposing this cushioned the antagonistic results of the situation, it can be crucial now to articulate a technique to make sure the sustainability of public funds. This paper discusses the size and composition of monetary adjustment that might have to happen as soon as the restoration is securely below manner. even supposing particular country-level conditions will impact the composition of the adjustment and its political feasibility, in lots of situations restoring economic sustainability would require reforms to lessen spending and raise tax revenue.

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