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1 Australia

1 Australia »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

Compared with most of the smaller industrial economies, Australia has a small external trade sector—foreign trade amounts to approximately 15 percent of GDP. Although this and abundant energy resources have...

2 Austria

2 Austria »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

The openness of the Austrian economy, in which foreign trade amounts to approximately one fourth of GDP, makes it vulnerable to external disturbances; consequently, a major aim of fiscal policy has been to s...

3 Belgium

3 Belgium »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

Following several years of strong growth, real GDP declined by almost 2 percent in 1975; after a sharp recovery in 1976, when over 5 percent real growth was registered, economic activity again turned sluggis...

4 Denmark

4 Denmark »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

The relatively open Danish economy, where foreign trade amounts to 25 to 30 percent of GDP, was severely affected by the two oil crises and the ensuing global recession. Denmark’s heavy dependence on importe...

Revisiting the Economic Case for Fiscal Union in the Euro Area

Revisiting the Economic Case for Fiscal Union in the Euro Area »

Volume/Issue: 2018/3

Series: Departmental Papers / Policy Papers

Author(s): Helge Berger , Giovanni Dell'Ariccia , and Maurice Obstfeld

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 February 2018

DOI: http://dx.doi.org/10.5089/9781484340424.087

ISBN: 9781484340424

Keywords: Sweden, Switzerland, United Kingdom, Monetary unions, Spain, Italy, Fiscal policy, France, Germany, Greece

The paper makes an analytical contribution to the revived discussion about the euro area's institutional setup. After significant progress during the euro crisis, the drive to complete Europe's Economic and Monetar...

1. Domestic Expansion Running into External Turbulence

1. Domestic Expansion Running into External Turbulence »

Source: Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Activity continued to expand in the first half of 2018, but at a slower-than-expected pace, mainly in advanced Europe. The external environment has become less supportive, with slow...

An Empirical Analysis of Fiscal Adjustments

An Empirical Analysis of Fiscal Adjustments »

Source: An Empirical Analysis of Fiscal Adjustments

Volume/Issue: 1996/59

Series: IMF Working Papers

Author(s): Robert Westcott , and C. McDermott

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1996

ISBN: 9781451965957

Keywords: fiscal consolidation, expenditure cuts, expenditure, fiscal policy, public debt

This study uses the fiscal expansion and consolidation experiences of the industrial countries over the period 1970 to 1995 to examine the interplay between fiscal adjustments and economic performance. A key findin...

Executive Summary

Executive Summary »

Source: Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Economic activity continued to expand in the first half of 2018, albeit at a slower-than-expected pace, mainly in advanced Europe. Domestic demand, supported by stronger employment...

5 Finland

5 Finland »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

A large external sector with imports and exports amounting to almost 30 percent of GDP makes the Finnish economy vulnerable to external influences; this vulnerability is accentuated by the country’s reliance...

3 Fiscal Policy, 1972–82, An Overview

3 Fiscal Policy, 1972–82, An Overview »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

This chapter contains a broad account of the pursuit of fiscal policy over a decade that witnessed the largest economic imbalances experienced on a global basis in the postwar period. While the sheer magnitu...