Alexius, Annika (contributor); Holmlund, Bertil (contributor) - 2007
unemployment remained
stubbornly high in the mid-1990s. However, the fiscal consolidation added credibility to the
anti … budgetary goals were met and absent any visible
threat to the low inflation target.
One ingredient of the fiscal … consolidation was the introduction in 1996 of a new system for
decisions on government expenditure. The goal was to establish a …