Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?

Organisation for Economic Co-operation and Development2026-04-11 收录

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OECD countries face daunting fiscal challenges following the substantial surge in debt-GDP ratios during the past four years, from already high levels in many cases. Fiscal consolidation is now the order of the day, and it takes on greater urgency against the backdrop of imminent budgetary pressures from population ageing. While strong growth...