Series: IMF Working Papers
Author(s): Emanuele Baldacci , Sanjeev Gupta , and Carlos Mulas-Granados
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2010
Keywords: Survival Analysis, fiscal adjustment, fiscal consolidation, General Financial Markets: Government Policy and Regulation, Fiscal Policies and Behavior of Economic Agents: General, National Government Expenditures and Related Policies: General,
This paper analyzes the experience of 99 advanced and developing economies in restoring fiscal sustainability during 1980 - 2008 after banking crises, which led to large accumulation of public debt. It finds that s...