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

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.
 
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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  
    Published:   August 24, 2011        
    ISBN/ISSN:   978-1-1180-4338-7   Format:   Hardback
    Stock No:   CAPDEA   Pages:   278
    Price:   US$45.00 (Academic Rate: US$45.00 )
       
     
Please address any questions about this title to publications@imf.org.