Prudence or Profligacy: Deficits, Debt, and Fiscal Consolidation.
Over the last quarter century, public finances have been under pressure in most OECD countries as deficits and debts rose under the pressure of relatively slow growth and high interest rates. This, in turn, has affected the welfare state, since efforts at containing deficits have often been concentr...
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| Format: | Journal article |
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2006
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