A Primer on Restoring Fiscal Space and Sustainability (English)

This paper provides an overview of issues related to fiscal consolidation drawing on the literature; it distills some lessons from fiscal consolidation episodes using a new database covering 196 countries from 2000 to 2023. The paper discusses the motives, timing, design, and political economy of fiscal consolidation, as well as its macroeconomic and social impacts. We find that fiscal consolidation is often necessary and successful in restoring fiscal...

Document also available in : English, English

DETAILS

Author

Paolo Di Lorenzo;

Eric Anthony Lacey;
Document Date
2024/10/02
Document Type
Report
Report Number
192072
Volume No
1
Country
World,
Region
Other,
Disclosure Date
2024/10/10
Disclosure Status
Disclosed
Doc Name
A Primer on Restoring Fiscal Space and Sustainability

Language

English

Rel. Proj ID

1W-OGE - Fiscal Policy for Sustainable and Inclusive Growth -- P177886

Major Sector

FY17 - Public Administration

Theme

FY17 - Climate change,FY17 - Inclusive Growth,FY17 - Mitigation,FY17 - Fiscal Policy,FY17 - Fiscal sustainability,FY17 - Public Expenditure Policy,FY17 - Adaptation,FY17 - Economic Growth and Planning

Sector

FY17 - Central Government (Central Agencies)

Topics

Inclusive Innovation,Inclusive Growth,Macroeconomic Monitoring,Fiscal Consolidation,Poverty,

Unit Owning

Prosperity-Econ Pol-Mac/Fis-Tax (EMFTX)

Version Type

Revised

Product Line

Advisory Services & Analytics

Citation

Paolo Di Lorenzo; Eric Anthony Lacey.

A Primer on Restoring Fiscal Space and Sustainability (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099063024091021947

A Primer on Restoring Fiscal Space and Sustainability (English)

DETAILS

Citation

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