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

Publication Date: April 09, 2014
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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.
Frequency: Biannually
Subject(s): Fiscal consolidation | Fiscal management | Fiscal policy | Fiscal reforms | Fiscal sector | Fiscal risk | Fiscal stability | Fiscal sustainability | Fiscal analysis

Publication Date: April 09, 2014
ISBN/ISSN: 9781475557121/2219-276X Format: Paper
Stock No: FMOEA2014001 Pages: 98
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