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Fiscal Consolidation and Implications of Social Spending for Long-Term Fiscal Sustainability. ESRI Research Bulletin 2014/1/2

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
    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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