Astrov, Vasily; Gligorov, Vladimir; Hanzl-Weiss, Doris; … - Wiener Institut für Internationale … - 2011
of domestic demand growth. In all likelihood, however, in many countries fiscal consolidation will be relatively gradual … household consumption and fixed investment in the business sector in 2011 and afterwards. Moreover, attempts at serious fiscal … consolidation, which in many countries would be either untimely or not really necessary, will have an additional impact on the rate …