Series: IMF Working Papers
Author(s): Robert Westcott , and C. McDermott
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1996
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...