Managing the Pain of Fiscal Consolidation
Protests in Ireland against budget cuts. The need to cut deficits must be set against the cost to the most vulnerable(photo: Douglas O’Connor/Demotix)
In This Episode
After years of falling tax revenues and increasing spending, governments are now facing the prospect of having to slash, often record, deficits. In this podcast, to coincide with an article in the latest issue of Finance & Development magazine, the IMF’s Prakash Loungani explains who’s hit hardest in the face of government cutbacks.
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BEHIND THE MIC
Bruce Edwards
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Rhoda Metcalfe
RHODA METCALFE is an independent journalist and audio producer.