1.

Record Nr.

UNINA9910139645203321

Titolo

Chipping away at public debt : sources of failure and keys to success in fiscal adjustment / / edited by Paolo Mauro

Pubbl/distr/stampa

Hoboken, New Jersey : , : Wiley, , [2011]

©2011

ISBN

1-4639-6050-6

1-119-20252-3

1-118-11306-3

1-4639-0999-3

1-283-17718-8

9786613177186

1-118-11304-7

Descrizione fisica

1 online resource (306 p.)

Classificazione

BUS079000

Disciplina

336.3/435

336.3435

Soggetti

Debts, Public

Fiscal policy

Budget deficits

Government spending policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (pages 259-265) and index.

Nota di contenuto

CHIPPING AWAY AT PUBLIC DEBT: SOURCES OF FAILURE AND KEYS TO SUCCESS IN FISCAL ADJUSTMENT; Contents; Foreword; Acknowledgments; Introduction; 1 Canada: A Success Story; 2 United States: The Quest for Fiscal Discipline; 3 France: Virtue and Fortune; 4 Germany: Fiscal Adjustment Attempts With and Without Reforms; 5 United Kingdom: Four Chancellors Facing Challenges; 6 Italy: Medium-Term Fiscal Planning under Frequent Government Changes; 7 Japan: Fiscal Adjustment Plans and Macroeconomic Shocks

8 The Performance of Large Fiscal Adjustment Plans in the European Union: A Cross-Country Statistical Analysis9 Conclusion; References; About the Project Team; Index



Sommario/riassunto

"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"--