Walking Hand in Hand : Fiscal Policy and Growth in Advanced Economies /

Implementation of fiscal consolidation by advanced economies in coming years needs to take into account the short and long-run interactions between economic growth and fiscal policy. Many countries must reduce high public debt to GDP ratios that penalize longterm growth. However, fiscal adjustment i...

Full description

Bibliographic Details
Main Author: Jaramillo, Laura
Other Authors: Cottarelli, Carlo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/137
Online Access:Full text available on IMF