Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - 2013
fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of … next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal … consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main …