sources of failure and keys to success in fiscal adjustment /
First Statement of Responsibility
edited by Paolo Mauro
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xxv, 278 pages :
Other Physical Details
illustrations ;
Dimensions
24 cm
GENERAL NOTES
Text of Note
Includes bibliographical references (pages 259-265) and index
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 259-265) and index
CONTENTS NOTE
Text of Note
Canada: a success story / Cemile Sancak, Lucy Qian Liu and Raisuke Nakata -- United States: the quest fo fical discipline / Jirt Jonas -- France: virtue and Fortune / Edouard Martin, Irina Tytell,and Irina Yakadina -- Germany: fiscal adjustment attempts with and without reforms / Christian Breuer, Jan Gottschalk, and Anna Ivanova -- United Kingdom: four chancellors facing challenges / Toni Abnert, Richard Hughes, and Keiko Takabashi -- Italy: medium-term fiscal planning under frequent government changes / Fabrizio Balassone, Sandro Momigliano, and Pietro Rizza -- Japan: fiscal adjustment plans and macroeconomic shocks / Keiko Takahashi and Kiichi Tokuoka -- The performance of large fiscal adjustment plans in the European Union: a cross country statistical analysis / S. Ali Abbas ... [and others]
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SUMMARY OR ABSTRACT
Text of Note
"This book, edited and researched by experts at the International Monetary Fund (IMF), looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes. It also looks at whether spending exceeded expectations or revenues fell short of expectations, and why, and whether planned debt reductions proceeded faster or slower than projected. The concluding chapters provide an overview of what conclusions can be drawn from the chapters in terms of lessons learned and how to have the best chance for successful fiscal adjustments"--