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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...

Fiscal Reforms That Work

Fiscal Reforms That Work »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

DOI: http://dx.doi.org/10.5089/9781557756244.051

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach -...

Fiscal Reforms That Work

Fiscal Reforms That Work »

Source: Fiscal Reforms That Work

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Budget deficits (the yearly excess of government expenditures over revenues) and government debt (the deficits accumulated over the years) have soared in many industrial countries over the past 20 years, and...

Back Matter

Back Matter »

Source: Fiscal Reforms That Work

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach -...

Front Matter

Front Matter »

Source: Fiscal Reforms That Work

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach -...

An Empirical Analysis of Fiscal Adjustments

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

DOI: http://dx.doi.org/10.5089/9781451965957.001

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...

The Role of Foreign Currency Debt in Public Debt Management

The Role of Foreign Currency Debt in Public Debt Management »

Volume/Issue: 1995/21

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1995

DOI: http://dx.doi.org/10.5089/9781451843880.001

ISBN: 9781451843880

Keywords: debt, public debt, debt management, currency debt, foreign currency debt

This paper analyzes the choice between public debt denominated in domestic currency and foreign currency in the context of public debt management theories. It discusses the experience of Belgium, Denmark, Ireland,...

The Role of Foreign Currency Debt in Public Debt Management

The Role of Foreign Currency Debt in Public Debt Management »

Source: The Role of Foreign Currency Debt in Public Debt Management

Volume/Issue: 1995/21

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1995

ISBN: 9781451843880

Keywords: debt, public debt, debt management, currency debt, foreign currency debt

This paper analyzes the choice between public debt denominated in domestic currency and foreign currency in the context of public debt management theories. It discusses the experience of Belgium, Denmark, Ireland,...