Debt retrenchment strategies and control of public spending
Faced with excessive government debt, several countries have launched comprehensive structural reforms to consolidate their public finances. Drawing on the experiences of foreign countries, this article shows that control of public spending, in particular the implementation of fiscal rules for public spending, has played a key role in the fiscal consolidation process.
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Volume (Year): (2007)
Issue (Month): 08 (Summer)
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jérôme Creel & Henri Sterdyniak, 2006.
"Faut-il réduire la dette publique ?,"
- Jérôme Creel & Henri Sterdyniak, 2006. "Faut-il réduire la dette publique ?," Sciences Po publications info:hdl:2441/2968, Sciences Po.
- Teresa Daban Sanchez & Steven A. Symansky & Gian M Milesi-Ferretti & Enrica Detragiache & Gabriel Di Bella, 2003. "Rules-Based Fiscal Policy in France, Germany, Italy, and Spain," IMF Occasional Papers 225, International Monetary Fund.
- Marco Buti & Sylvester Eijffinger & Daniele Franco, 2003. "Revisiting the Stability and Growth Pact: grand design or internal adjustment?," European Economy - Economic Papers 2008 - 2015 180, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Buti, Marco & Eijffinger, Sylvester C W & Franco, Daniele, 2003. "Revisiting the Stability and Growth Pact: Grand Design or Internal Adjustment?," CEPR Discussion Papers 3692, C.E.P.R. Discussion Papers.
- Buti, Marco & Eijffinger, Sylvester C.W. & Franco, Daniele, 2003. "Revisiting the stability and growth pact: grand design or internal adjustment?," Seminarios y Conferencias 6567, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Marcelin Joanis & Claude Montmarquette, 2005. "La problématique de la dette publique au Québec : causes, conséquences, solutions," CIRANO Burgundy Reports 2005rb-06, CIRANO.
- Schuknecht, Ludger & Hauptmeier, Sebastian & Heipertz, Martin, 2006. "Expenditure reform in industrialised countries: a case study approach," Working Paper Series 634, European Central Bank.
- Andrea Bassanini & Romain Duval, 2006. "Employment Patterns in OECD Countries: Reassessing the Role of Policies and Institutions," OECD Economics Department Working Papers 486, OECD Publishing.
- Andrea Bassanini & Romain Duval, 2006. "Employment Patterns in OECD Countries: Reassessing the Role of Policies and Institutions," OECD Social, Employment and Migration Working Papers 35, OECD Publishing.
- Isabelle Joumard & Per Mathis Kongsrud & Young-Sook Nam & Robert W. R. Price, 2004. "Enhancing the Effectiveness of Public Spending: Experience in OECD Countries," OECD Economics Department Working Papers 380, OECD Publishing. Full references (including those not matched with items on IDEAS)
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