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Book
When is fiscal adjustment an illusion?
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Year: 1999 Publisher: Washington, DC (1818 H St., NW, Washington 20433) : World Bank, Development Research Group, Macroeconomics and Growth,

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Book
From widening deficits to paying down the debt : benefits for the American people.
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Year: 1999 Publisher: [Washington, D.C.] : Office of Economic Policy, U.S. Dept. of the Treasury,

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Fiscal risks and the quality of fiscal adjustment in Hungary
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Year: 1999 Publisher: Washington, DC : World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit,

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Hungary's government has made great progress toward revealing the true fiscal cost of its budgetary and off-budget programs, containing the financial risks of its policies, and improving the management of public expenditures and contingent liabilities. Although far from complete, fiscal adjustment in Hungary has been successful not only in cutting the budget deficit but also in reducing less visible aspects of fiscal vulnerability.


Book
From widening deficits to paying down the debt : benefits for the American people.
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Year: 1999 Publisher: [Washington, D.C.] : Office of Economic Policy, U.S. Dept. of the Treasury,

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Fiscal adjustment and contingent government liabilities : case studies of the Czech Republic and Macedonia
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Year: 1999 Publisher: Washington, DC : World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit : Office of the Senior Vice President and Chief Economist, Development Economics,

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Governments' contingent liabilities increase fiscal vulnerability, but are omitted in traditional measures of the current deficit. In the Czech Republic this omission may mean that fiscal adjustment has been overstated by 3 to 4 percent of annual GDP, with future budgets having to pay for past guarantees. The stock of existing contingent liabilities in Macedonia could add 2 to 4 percent of GDP to that country's future deficits.


Book
Prospective deficits and the Asian currency crisis
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Year: 1999 Publisher: Washington, DC : World Bank, Development Research Group, Macroeconomics and Growth,

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The recent Asian currency crisis was caused by large prospective fiscal deficits associated with implicit bailout guarantees to failing banking systems. Absent the political will to raise taxes or cut spending, governments must resort to seignorage revenues to pay for the bailout of the banking system. In a world of forward-looking agents, this makes a currency crisis inevitable.


Periodical
The long-term budget outlook
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Year: 1999 Publisher: [Washington, D.C.] : Congress of the United States, Congressional Budget Office

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Periodical
The long-term budget outlook
Author:
Year: 1999 Publisher: [Washington, D.C.] : Congress of the United States, Congressional Budget Office


Periodical
The long-term budget outlook
Author:
Year: 1999 Publisher: [Washington, D.C.] : Congress of the United States, Congressional Budget Office


Periodical
The long-term budget outlook
Author:
Year: 1999 Publisher: [Washington, D.C.] : Congress of the United States, Congressional Budget Office

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