Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices

Author/Editor:

Martine Guerguil ; Michael Keen

Publication Date:

April 9, 2014

Electronic Access:

Link to Table of Contents

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Summary:

Fiscal risks are abating somewhat but remain elevated. In advanced economies, recent policy moves have broadly stabilized public debt ratios, but medium-term prospects are still uncertain, and debt remains at historic highs. Fiscal vulnerabilities are rising in both emerging market economies and low-income countries, although in most cases from relatively moderate levels. Across country groups, fiscal policy should aim at rebuilding policy space while supporting the recovery and long-term growth prospects.

Series:

Fiscal Monitor

Subject:

Frequency:

Biannually

English

Publication Date:

April 9, 2014

ISBN/ISSN:

9781475557121/2219-276X

Stock No:

FMOEA2014001

Price:

$41.00 (Academic Rate:$35.00)

Format:

Paper

Pages:

98

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