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Fiscal Consolidation: Part 3. Long-Run Projections and Fiscal Gap Calculations

During the economic and financial crisis, fiscal positions across the OECD countries deteriorated sharply. This raises the question of what level of primary deficit would ensure long-term sustainability and what degree of consolidation is needed. The purpose of this paper is to gauge the scale of fi...

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Main Author: Merola, Rossana.
Corporate Author: OECD iLibrary.
Other Authors: Sutherland, Douglas.
Format: Online
Language:English
Published: Paris : OECD Publishing, 2012.
Series:OECD working papers. Economic Department working papers ; no. 934.
Subjects:
Online Access:Online version
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