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10 lessons about budget consolidation

In this piece, which draws on firsthand experience within the Swedish government throughout one of the most dramatic consolidation episodes of the post-WWII period, Jens Henriksson seeks to pinpoint, and to convey to fellow policymakers, what equations and econometrics do not capture. His ten lessons provide essential reading for the many countries where budget sustainability […]

By: Date: July 29, 2007 Topic: European Macroeconomics & Governance

In this piece, which draws on firsthand experience within the Swedish government throughout one of the most dramatic consolidation episodes of the post-WWII period, Jens Henriksson seeks to pinpoint, and to convey to fellow policymakers, what equations and econometrics do not capture. His ten lessons provide essential reading for the many countries where budget sustainability still remains an issue.


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