Budget reform in OECD member countries [E-Book]: Common trends / Jón R. Blöndal
From the early 1990s, the fiscal position of OECD member countries improved steadily each year, from a deficit of 5% of GDP for member countries as whole in 1993 to a perfect balance in the year 2000, i.e. neither a deficit nor a surplus. In 2001, member countries experienced a deficit of 1% of GDP....
Saved in:
Full text |
|
Personal Name(s): | Blöndal, Jón R.. |
Imprint: |
Paris :
OECD Publishing,
2003
|
Physical Description: |
21 p. |
Note: |
englisch |
DOI: |
10.1787/budget-v2-art20-en |
Keywords: |
Governance |
LEADER | 01723naa a22002658i 4500 | ||
---|---|---|---|
001 | ZB05195 | ||
003 | OECD iLibrary | ||
008 | 121101s2003 fr o i|0| 0 eng d | ||
024 | 7 | |a 10.1787/budget-v2-art20-en |2 doi | |
035 | |a (Sirsi) a492082 | ||
041 | |a eng | ||
100 | 1 | |a Blöndal, Jón R.. | |
245 | 1 | 0 | |a Budget reform in OECD member countries |h [E-Book]: |b Common trends / |c Jón R. Blöndal |
264 | |a Paris : |b OECD Publishing, |c 2003 |e (OECD iLibrary) | ||
300 | |a 21 p. | ||
336 | |a Text |b txt |2 rdacontent | ||
337 | |a Computermedien |b c |2 rdamedia | ||
338 | |a Online-Ressource |b cr |2 rdacarrier | ||
500 | |a englisch | ||
520 | 3 | |a From the early 1990s, the fiscal position of OECD member countries improved steadily each year, from a deficit of 5% of GDP for member countries as whole in 1993 to a perfect balance in the year 2000, i.e. neither a deficit nor a surplus. In 2001, member countries experienced a deficit of 1% of GDP. Table 1 depicts the general government financial balances of selected OECD member countries. This goes to show the historical pattern in member countries: achieving fiscal consolidation is a slow process and successes in fiscal consolidation can quickly dissipate. A very short time ago, several OECD member countries believed that they were on a long-term track for fiscal surpluses; the era of deficits had been overcome. This did not turn out to be the case; surpluses turned out to be a very short-lived phenomenon for many countries. | |
653 | |a Governance | ||
856 | 4 | 0 | |u http://dx.doi.org/10.1787/budget-v2-art20-en |z Volltext |
915 | |a zzwFZJ3 | ||
596 | |a 1 | ||
949 | |a XX(492082.1) |w AUTO |c 1 |i 492082-1001 |l ELECTRONIC |m ZB |r N |s Y |t E-BOOK |u 5/2/2016 |x UNKNOWN |z UNKNOWN |1 ONLINE |