Showing 1 - 10 of 54
during recent years have produced substantial results. The fiscal deficit has been brought down significantly and, despite … déficits persistants. Les efforts déployés ces dernières années ont été très fructueux. Le déficit budgétaire a été nettement …
Persistent link: https://www.econbiz.de/10008642473
sources of, ‘deficit bias’, including political and governance factors, public attitudes, the role of financial markets and …
Persistent link: https://www.econbiz.de/10008587587
efficaces pour initier et supporter la consolidation budgétaire. Il montre en particulier que lorsque le déficit budgétaire et …
Persistent link: https://www.econbiz.de/10005046044
, il faudra, pour remédier à deux décennies de déficit budgétaire, un assainissement important et soutenu des finances …
Persistent link: https://www.econbiz.de/10011276790
Italy’s policy of fiscal consolidation and growth-friendly structural reforms has substantially improved its economic prospects, but the adverse sentiment that the country has faced in the sovereign bond market over the past years has deep roots. It reflects lingering anxieties over the euro...
Persistent link: https://www.econbiz.de/10011276838
Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances. The Belgian strategy to prefund ageing costs by generating fiscal surpluses to bring down public debt was derailed by the global crisis. Restoring...
Persistent link: https://www.econbiz.de/10011276973
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A dynamic general equilibrium model with overlapping...
Persistent link: https://www.econbiz.de/10005045902
Performance of fiscal policy, while good in international comparison, is not sufficient to prepare for future ageing-related spending increases. Subject to macroeconomic developments, the pace of consolidation could be more ambitious than currently planned, with a view to reducing the debt...
Persistent link: https://www.econbiz.de/10009358637
The United States faces challenging budgetary prospects, as do most other OECD countries. The federal budget deficit … budgétaires difficiles. Le déficit du budget fédéral s'est considérablement creusé au cours de la récession, pour atteindre …
Persistent link: https://www.econbiz.de/10008680609
deficit bias and counteract the tendency shown by some Canadian governments over the past two decades to run pro …-cyclical fiscal policies. Canadian governments with large deficits should announce deficit targets on the way to fiscal balance and … déficitaires devraient annoncer des objectifs de réduction du déficit dans la perspective d’un retour à l’équilibre budgétaire et …
Persistent link: https://www.econbiz.de/10008752421