Chipping Away at Public Debt: Sources of Failure and Keys to Success in Fiscal Adjustment

Other Publications

Recent Titles

Working Papers in full text
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Country Reports in full text
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Staff Discussion Notes in full text
2013 2012 2011 2010 2009 All

Technical Notes and Manuals in full text
2013 2012 2011 2010 2009 All

Author/Editor:		Mauro, Paolo
Published:	August 24, 2011
Summary: Written and researched by a team of experts from the International Monetary Fund, other policy-making institutions, and academia, this timely book looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes, and explaining why objectives were met in some cases but missed in others. An overview reveals pitfalls to avoid and lessons learned for securing successful fiscal adjustment. -Written by experts in the field -Addresses public concern about skyrocketing government debts -Contains cutting edge research that changes the way we look at fiscal adjustment -Presents meticulous archival research in compelling and engaging case studies -Explores lessons learned and policy implications going forward -Includes country coverage of all G7 and European Union economies Educating and informing investors, economists, and the general public, this important book looks at why some attempts to curb debts and deficits succeed whereas others fail, as well as how to ensure successful fiscal adjustment in the period ahead.

Order a print copy
Subject(s):		Public debt \| Budget deficits \| Adjustment process \| Cross country analysis
Notes:		Watch a video on the "Chipping Away at Public Debt: Sources of Failure and Keys to Success in Fiscal Adjustment" book.

English


Please address any questions about this title to publications@imf.org.