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A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies »

Volume/Issue: 2009/22

Series: IMF Staff Position Notes

Author(s): Carlo Cottarelli , and José Vinãls

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 September 2009

DOI: http://dx.doi.org/10.5089/9781455278459.004

ISBN: 9781455278459

Keywords: Fiscal policy, Global financial crisis, policy response, fiscal stimulus, fiscal sustainability, debt sustainability, exit strategies, monetary policy, central bank balance sheet, financial sector support

In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the financial sector. In the process, fiscal balances ha...

Long-Term Trends in Public Finances in the G-7 Economies

Long-Term Trends in Public Finances in the G-7 Economies »

Volume/Issue: 2010/13

Series: IMF Staff Position Notes

Author(s): Andrea Schaechter , and Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

DOI: http://dx.doi.org/10.5089/9781455263325.004

ISBN: 9781455263325

Keywords: Fiscal consolidation, Aging, Developed countries, Public finance, Public debt, Global Financial Crisis 2008-2009, Group of seven, Government expenditures, Tax revenues, Taxation

Today's record public debt levels in most advanced economies are not only a direct fall-out from the global crisis. Public debt had ratcheted up over many decades before, when it had been used, in most of the G-7 c...

Long-Term Trends in Public Finances in the G-7 Economies

Long-Term Trends in Public Finances in the G-7 Economies »

Source: Long-Term Trends in Public Finances in the G-7 Economies

Volume/Issue: 2010/13

Series: IMF Staff Position Notes

Author(s): Andrea Schaechter , and Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455263325

Keywords: Fiscal consolidation, Aging, Developed countries, Public finance, Public debt, Global Financial Crisis 2008-2009, Group of seven, Government expenditures, Tax revenues, Taxation

Today's record public debt levels in most advanced economies are not only a direct fall-out from the global crisis. Public debt had ratcheted up over many decades before, when it had been used, in most of the G-7 c...

A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies »

Source: A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

Volume/Issue: 2009/22

Series: IMF Staff Position Notes

Author(s): Carlo Cottarelli , and José Vinãls

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 September 2009

ISBN: 9781455278459

Keywords: Fiscal policy, Global financial crisis, policy response, fiscal stimulus, fiscal sustainability, debt sustainability, exit strategies, monetary policy, central bank balance sheet, financial sector support

In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the financial sector. In the process, fiscal balances ha...