Fiscal risks are abating somewhat but remain elevated. In advanced economies, recent policy moves have broadly stabilized public debt ratios, but medium-term prospects are still uncertain, and debt remains at historic highs. Fiscal vulnerabilities are rising in both emerging market economies and low-income countries, although in most cases from relatively moderate levels. Across country groups, fiscal policy should aim at rebuilding policy space while supporting the recovery and long-term growth prospects.... (1991a92), Italy (1993a95), Portugal (2005a07), United Kingdom (1994), Denmark (1983a84), Germany (1983a84), Germany (1995a 2000), ... Downsizing that is part of a reorganization of government services and that targets specific posihigher than those prevailing in the ... 26 International Monetary Fund |April 2014 and poorly managed public sector can result in sizable inefficiencies and crowd outanbsp;...
|Title||:||Fiscal Monitor, April 2014: Public Expenditure Reform: Making Difficult Choices|
|Author||:||Ms. Martine Guerguil, Mr. Michael Keen|
|Publisher||:||International Monetary Fund - 2014-04-09|