Public finance and fiscal policy


Achieving prudent debt targets using fiscal rules

Debt targets can serve as a fiscal policy anchor to ensure the sustainability of fiscal policy and that there is sufficient policy room to cope with adverse shocks. Prudent debt targets provide the commitment tool that re-assures markets and thereby diminishes risk premia and the cost of active fiscal policy.


Recent reports

>> Vulnerability of Social Institutions

>> Choosing fiscal consolidation instruments compatible with growth and equity

>> Public Spending on Health and Long-Term Care

>> Fiscal Consolidation


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