influence of inflation on changes in public debt ; (ii) accounting decompositions of nominal revenue and expenditure items into … (iv) a long-run accounting model on pension expenditure …

budget of the state, in the share of deficit of general consolidated budget of the state in GDP, on the level of taxation …

public revenue (39.2% compared to 46% in the EU-15). In terms of the composition by expenditure items, Spain has a relatively …

expenditure fluctuation for sustainable economic growth. …

social and infrastructure expenditure at a sustainable rate and to improve the quality of service delivery, to avoid … expenditure to sub-national governments created a vertical fiscal imbalance, a strict no-bail out approach helped … internationally in narrowed sovereign risk spreads and improved debt ratings. However, micro-service delivery in social expenditure …