The effects of fiscal consolidation in the OECD (English)

Despite the current recession in many parts of the OECD, fiscal consolidation is likely in many OECD economies in the 1990s. The author asks: is fiscal consolidation in the OECD in a period of low growth a recipe for global stagnation? In particular, what effects are likely in developing countries? The author starts with an overview of cuts in the U.S. fiscal deficit proposed by the Clinton administration and the extent to which European governments...

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Author

Mckibbin,Warwick J;
Document Date
1994/09/30
Document Type
Policy Research Working Paper
Report Number
WPS1354
Volume No
1
Total Volume(s)
1
Country
United States, Europe and Central Asia,
Region
Europe and Central Asia, Other,
Disclosure Date
2010/07/01
Doc Name
The effects of fiscal consolidation in the OECD
Keywords
fiscal deficit

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Citation

Mckibbin,Warwick J.

The effects of fiscal consolidation in the OECD (English). Policy, Research working paper ; no. WPS 1354 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/596041468752074202

The effects of fiscal consolidation in the OECD (English)

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