Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145521079X
Total Pages : 68 pages
Book Rating : 4.4/5 (552 download)
Book Synopsis A Status Update on Fiscal Exit Strategies by : International Monetary Fund
Download or read book A Status Update on Fiscal Exit Strategies written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-12-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implement fiscal exit strategies. This paper reviews the medium-term plans of 25 countries - the G20 plus six others with large adjustment needs - and finds that most of them have made reasonable progress in defining these strategies. Nevertheless, strategies fall short in some areas, including committing to long-term debt targets, spelling out adjustment measures in detail, and tackling rising health care costs.