Merola, Rossana and Sutherland, Douglas (2014) Fiscal Consolidation and Implications of Social Spending for Long-Term Fiscal Sustainability. ESRI Research Bulletin 2014/1/2. UNSPECIFIED.
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Abstract
During the economic and financial crisis fiscal positions across OECD countries deteriorated sharply. Many countries have already started fiscal consolidations but additional consolidation will be required. Moreover, additional challenges to the sustainability of fiscal balances are posed by population ageing and additional spending requirements on health and pensions, which by European Commission and the OECD projections will drive up public spending in almost all OECD countries over the horizon 2012-2050.
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Item Type: | Other |
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Subjects for non-EU documents: | EU policies and themes > Policies & related activities > economic and financial affairs > fiscal policy EU policies and themes > Policies & related activities > social policy > general |
Subjects for EU documents: | UNSPECIFIED |
EU Series and Periodicals: | UNSPECIFIED |
EU Annual Reports: | UNSPECIFIED |
Series: | Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Research Bulletin |
Depositing User: | Phil Wilkin |
Official EU Document: | No |
Language: | English |
Date Deposited: | 21 Sep 2019 08:20 |
Number of Pages: | 5 |
Last Modified: | 21 Sep 2019 08:20 |
URI: | http://aei.pitt.edu/id/eprint/98588 |
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