Fiscal consolidation and implications of social spending for long-term fiscal sustainability
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Organización Internacional del Trabajo (OIT)
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| Format: | Blog |
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International Labour Organization
2013
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| _version_ | 1874524912188653573 |
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| author | Douglas Sutherland Rossana Merola |
| author_facet | Douglas Sutherland Rossana Merola Douglas Sutherland Rossana Merola |
| contents | Fiscal consolidation and implications of social spending for long-term fiscal sustainability Douglas Sutherland Rossana Merola During the economic and financial crisis, fiscal positions across OECD countries deteriorated sharply. This column agues that population ageing and trends in social spending will further challenge the sustainability of fiscal balances. Research suggests that the scale of fiscal consolidation that will be needed to ensure long-term sustainability is large, but policymakers can look at the potential benefits of policy reform in mitigating budget pressures. interactiveResource.blog |
| format | Blog |
| id | ilo_995686766502676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2013 |
| publisher | International Labour Organization |
| spellingShingle | Fiscal consolidation and implications of social spending for long-term fiscal sustainability Douglas Sutherland Rossana Merola Fiscal consolidation and implications of social spending for long-term fiscal sustainability Douglas Sutherland Rossana Merola During the economic and financial crisis, fiscal positions across OECD countries deteriorated sharply. This column agues that population ageing and trends in social spending will further challenge the sustainability of fiscal balances. Research suggests that the scale of fiscal consolidation that will be needed to ensure long-term sustainability is large, but policymakers can look at the potential benefits of policy reform in mitigating budget pressures. interactiveResource.blog |
| title | Fiscal consolidation and implications of social spending for long-term fiscal sustainability |
| url | https://researchrepository.ilo.org/esploro/outputs/blog/Fiscal-consolidation-and-implications-of-social/995686766502676 |