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Some Uncomfortable Arithmetic Regarding Europe's Public Finances

Some Uncomfortable Arithmetic Regarding Europe's Public Finances »

Source: Some Uncomfortable Arithmetic Regarding Europe's Public Finances

Volume/Issue: 2010/177

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201884

Keywords: Public Sector Balance Sheet, pension, public finances, budget constraint, fiscal adjustment, pension reforms, National Budget, Deficit, and Debt: General, Demographic Economics: General,

Traditional fiscal indicators focused on measures of current deficits and debt miss the potentially important implications of current policies for future public finances. This could be problematic, including in the...

A Status Update on Fiscal Exit Strategies

A Status Update on Fiscal Exit Strategies »

Source: A Status Update on Fiscal Exit Strategies

Volume/Issue: 2010/272

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210794

Keywords: pension, retirement, health care, retirement age, Structure and Scope of Government: Other, Taxation, Subsidies, and Revenue: General, National Government Expenditures and Related Policies: General, National Deficit Surplus

With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implemen...