Fiscal Consolidation Across Government Levels ‑ Part 1. How Much, What Policies?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper provides an overview of fiscal consolidation efforts at the central and sub-central government level, both during the current and past consolidation episodes. After experiencing a deficit and debt hike during the crisis, sub-central debt is mostly stabilising. So far, sub-central consolidation has been mainly achieved through spending...
