How Much is A Lot? : Historical Evidence on the Size of Fiscal Adjustments /

The sizeable fiscal consolidation required to stabilize the debt-to-GDP ratios in several countries in the aftermath of the global crisis raises a crucial question on its feasibility. To answer this question, we rely on historical evidence from a sample of 91 adjustment episodes of countries during...

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Dades bibliogràfiques
Autor principal: Escolano, Julio
Altres autors: Jaramillo, Laura, Mulas-Granados, Carlos, Terrier, G.
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:IMF Working Papers; Working Paper ; No. 2014/179
Accés en línia:Full text available on IMF