Public sector deficits and macroeconomic performance (English)

In the 1980s chronic public sector deficits forced countries to undertake fiscal adjustment. The need to face hard choices continues in the 1990s. But the problem is not a simple and easily diagnosed one with an obvious solution. Rather, public sector deficits have had widely differing consequences; high inflation in some countries, low inflation but also low investment and growth in others, and in still others no evident short-term macroeconomic...

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Author

Easterly,William R.;

Rodriguez, Carlos Alfredo;

Schmidt-Hebbel, Klaus [editors];
Document Date
1994/11/30
Document Type
Publication
Report Number
13905
Volume No
1
Total Volume(s)
1
Country
Pakistan, Zimbabwe, Ghana, Colombia, Chile, Cote d'Ivoire, Argentina, Morocco,
Region
Middle East and North Africa, South Asia, Western and Central Africa, Eastern and Southern Africa, Latin America and Caribbean,
Disclosure Date
2010/07/01
Doc Name
Public sector deficits and macroeconomic performance
Keywords
central government revenue

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Citation

Easterly,William R.; Rodriguez, Carlos Alfredo; Schmidt-Hebbel, Klaus [editors].

Public sector deficits and macroeconomic performance (English). Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/879631468757811224

Public sector deficits and macroeconomic performance (English)

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