Fiscal Monitor, April 2014: Public Expenditure Reform: Making Difficult Choices : Public Expenditure Reform: Making Difficult Choices

Price:  $41.00

Release Date: © April, 2014
ISBN : 978-1-47555-712-1
Stock #: FMOEA2014001
Stock Status: Available

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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.


Economic policy , Pensions , Social policy

More publications in this series: Fiscal Monitor