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A number of uncertainties about long-term expenditure commitments in industrial countries are...

Countries have adopted various institutional responses to subnational government borrowing. Using...

The paper analyzes some key policy trade-offs involved in the implementation of the Stability and...

Public sector revenue has declined markedly in the Philippines over the past seven years. Most...

We examine the short- and long-term movements of government spending relative to output in 51...

India's fiscal problem has deep roots in its federal fiscal system, where multiple players find...