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What Promotes Fiscal Consolidation: OECD Country Experiences

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Organisation for Economic Co-operation and Development2026-04-11 收录
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Fiscal consolidation is required in most OECD countries. This is especially so in view of mediumand long-term spending pressures on public finances, related, inter alia, to ageing. Based on a dataset covering a large number of OECD fiscal consolidation episodes starting in the late 1970s, the paper presents evidence, both descriptive and...
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