[PDF.34ud] Fiscal Monitor, April 2014: Public Expenditure Reform: Making Difficult Choices (World Economic and Financial Surveys)

Fiscal Monitor, April 2014: Public Expenditure Reform: Making Difficult Choices (World Economic and Financial Surveys)

[PDF.zt26] Fiscal Monitor, April 2014: Public Expenditure Reform: Making Difficult Choices (World Economic and Financial Surveys)

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 | #4276025 in eBooks |  2014-04-09 |  2014-04-09 | File type: PDF

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The global fiscal outlook has strengthened from six months ago, but repairing the public finances remains a priority. Recent policy moves in advanced economies have reduced near term risks, 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. In most advanced economies, the pace of fiscal cons...

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