Confronting budget deficits / [prepared by Rozlyn Coleman].

By:

Coleman, Rozlyn [editor.]

Contributor(s):

Material type: Text

TextSeries: Economic issues (International Monetary Fund) ; 3.Publisher: Washington, D.C. : International Monetary Fund, 1996Copyright date: ©1996Description: 1 online resource (iii, 15 pages)Content type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781455231515
1455231517

Subject(s): Genre/Form:

Additional physical formats: Print version:: Confronting budget deficits.DDC classification:

339.52 22

LOC classification:

HJ2005 .C64 1996eb

Online resources:

Click here to access online

Subject: The phenomenon of substantial peacetime budget deficits over the past20 years has been traced to the burden of entitlements, a slowdown ineconomic productivity, and demographic and macroeconomic shifts in theindustrial countries. Though smaller and structurally different, deficitsin developing countries have also become worrisome. Most economists agreethat measures to reduce government spending are imperative, particularlythrough restructuring entitlement programs.

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"Draws on material originally contained in IMF Working Paper 95/128, 'Long-Term Tendencies in Budget Deficits and Debts', by Paul R. Masson and Michael Mussa"--Preface.

"September 1996"--Title page verso.

The phenomenon of substantial peacetime budget deficits over the past20 years has been traced to the burden of entitlements, a slowdown ineconomic productivity, and demographic and macroeconomic shifts in theindustrial countries. Though smaller and structurally different, deficitsin developing countries have also become worrisome. Most economists agreethat measures to reduce government spending are imperative, particularlythrough restructuring entitlement programs.

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