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

by Paolo Mauro

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Book cover for Chipping Away at Public Debt – Sources of Failure and Keys to Success in Fiscal Adjustment

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Path-breaking research on one of the most important macroeconomic policy challenges in the post-crisis world, presented in accessible language

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.

  • ISBN10 1119202523
  • ISBN13 9781119202523
  • Publish Date 24 October 2015 (first published 1 January 2011)
  • Publish Status Unknown
  • Publish Country US
  • Imprint John Wiley & Sons Inc
  • Pages 304
  • Language English