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Restoring Public Finances, 2012 Update
OECD Publishing , Publication date:  14 Dec 2012
Pages: 272 , Language: English
Version: Print (Paperback) + PDF
ISBN: 9789264179448 , OECD Code: 422012161P1
Price:   €76 | $106 | £68 | ¥9800 | MXN1360 , Standard shipping included!
Availability: Available (Print on Demand)
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Other languages:  French (Out of print)
Other Versions:  E-book - PDF Format

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This report gives an update on fiscal consolidation strategies across OECD member countries since last year. Chapter 1 describes the scope and composition of country plans, compares them with calculated fiscal need, and provides information on the timing and details. Chapter 2 contains notes on each of the countries which present the current fiscal position and announced fiscal paths, the consolidation plans, and detailed expenditure and revenue measures. Chapter 3 discusses the financial situation and consolidation needs of sub-national governments, and the policies that are being carried out at both levels of government to reach the consolidation objectives.

Table of contents:

Executive summary
Chapter 1. Fiscal consolidation targets, plans and measures in OECD countries
-Four categories of countries in regard to fiscal consolidation
-Evolution of fiscal deficits and gross debt
-OECD member countries’ fiscal consolidation plans
-Major consolidation measures
Chapter 2. Fiscal consolidation: OECD country profiles
-Czech Republic
-New Zealand
-Slovak Republic
-United Kingdom
-United States
Chapter 3. Involving sub-national governments in fiscal consolidation
-Why it is important to look at SNGs when analysing consolidation policies
-National consolidation plans may affect SNGs either directly or indirectly
-The role of SNGs in national consolidation plans
-A renewed interest in fiscal federalism reforms

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