Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498336183
Total Pages : 52 pages
Book Rating : 4.4/5 (983 download)
Book Synopsis The State of Public Finances-Outlook and Medium-Term Policies After the 2008 Crisis by : International Monetary Fund
Download or read book The State of Public Finances-Outlook and Medium-Term Policies After the 2008 Crisis written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-06-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper quantifies the fiscal implications of the crisis, assesses the status of fiscal balances after the shock, and discusses the strategy to ensure fiscal solvency. The focus is primarily on advanced and emerging economies, complementing the Board paper on the effect of the crisis on low-income countries. While, for practical purposes, some of the empirical evidence presented refers only to the G-20, information is provided also for other countries, and the analysis also applies to them. A Companion Paper provides supporting material. As a general caveat, the estimates presented are subject to a significant degree of uncertainty, and developments should be closely monitored as new information becomes available.