http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
sources of failure and keys to success in fiscal adjustment
1 online resource (xxv, 278 pages) : illustrations
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. Video link: Chipping Away at Public Debt: Sources of Failure and Keys to Success in Fiscal Adjustment - "Chipping Away at Public Debt: Sources of Failure and Keys to Success in Fiscal Adjustment" looks at past fiscal adjustment plans, through case studies for each of the G-7 countries and statistical analysis for the EU member countries.
1. Canada: a success story / Cemile Sancak, Lucy Qian Liu, and Taisuke Nakata -- 2. United States: the quest for fiscal discipline / Jiri Jonas -- 3. France: virtue and fortune / Edouard Martin, Irina Tytell, and Irina Yakadina -- 4. Germany: fiscal adjustment attempts with and without reforms / Christian Breuer, Jan Gottschalk, and Anna Ivanova -- 5. United Kingdom: four chancellors facing challenges / Toni Ahnert, Richard Hughes, and Keiko Takahashi -- 6. Italy: medium-term fiscal planning under frequent government changes / Fabrizio Balassone, Sandro Momigliano, and Pietro Rizza -- 7. Japan: fiscal adjustment plans and macroeconomic shocks / Keiko Takahashi and Kiichi Tokuoka -- 8. The performance of large fiscal adjustment plans in the European Union: a cross-country statistical analysis / S. Ali Abbas [and others] -- 9. Conclusion.
Includes bibliographical references and index.