Leibfritz, Willi; Roseveare, Deborah; Noord, Paul van den - Economics Department, Organisation de Coopération et … - 1994
This paper reviews fiscal policy, government indebtedness and its implications for economic performance in OECD countries. Government debt, expenditure and revenue relative to GDP have all risen significantly over the past 15 years and in several countries these trends are unsustainable. The...