Fiscal Consolidation in Israel : A Global Fiscal Model Perspective /

Fiscal consolidation has become an important policy prescription for many emerging market countries (EMCs), particularly for the highly indebted ones. Although prudent fiscal policies tend to reduce vulnerabilities, their implementation is usually postponed. This paper represents, to the best of our...

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Bibliographic Details
Main Author:	Epstein, Natan P
Other Authors:	Elekdag, Selim, Moreno Badia, Marialuz
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2006
Series:	IMF Working Papers ; Working Paper No. 06/253 IMF eLibrary
Subjects:	Actual debt Aggregate demand Annual budget Budget constraint Budget deficit Budget deficits Budget expenditure Budget law Budget projections Currency debt Current account balance Current account surpluses Current account Debt Management Debt ratio Debt ratios Debt reduction Debt servicing Debt stock Debt Defense spending Domestic creditors Economic growth Economic models Emerging markets Expenditure cuts Expenditure growth External debt External shocks Fiscal Policy Fiscal adjustment Fiscal balance Fiscal consolidation Fiscal consolidations Fiscal deficit Fiscal deficits Fiscal discipline Fiscal framework Fiscal imbalances Fiscal instrument Fiscal issues Fiscal model Fiscal outcomes Fiscal performance Fiscal policies Fiscal reforms Fiscal savings Fiscal space Fiscal stimulus Fiscal surplus Fiscal surpluses Fiscal targets Fiscal transparency Foreign currency debt General Government budget constraint Government budget deficits Government budget Government debt Government deficit Government deficits Government expenditure Government expenditures Government spending Gross domestic product Intergovernmental transfers International Policy Coordination and Transmission Medium-term fiscal framework National debt Open Economy Macroeconomics Prudent fiscal policies Public Expenditures, Investment, and Finance Public debt Public deficits Public expenditure Public finances Public sector debt Public spending Reserve bank Stock of debt Tax base Tax burden Tax cut Tax cuts Tax labor Tax policy Tax rates Tax reduction Tax reductions Tax reform Tax revenue Tax revenues Taxation Israel

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Fiscal Consolidation in Israel : A Global Fiscal Model Perspective /

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