An Approach to Long-Term Fiscal Policy Analysis

An Approach to Long-Term Fiscal Policy Analysis
This paper proposes an approach to setting fiscal policy that factors in the longer-term budgetary pressures that countries face owing, in particular, to population aging and rising health care costs. The approach attempts to overcome the difficulties in evaluating economic trade-offs and social welfare over extended periods. Long-term fiscal... READ MORE...

Publication date: July 2004
ISBN 9781451853735
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