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150128 ||| eng |
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|a 9781451856378
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100 |
1 |
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|a Moriyama, Kenji
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245 |
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|a Fiscal Adjustment in EU Countries
|b A Balance Sheet Approach
|c Kenji Moriyama, Gian Milesi-Ferretti
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2004
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300 |
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|a 25 pages
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651 |
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4 |
|a Greece
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653 |
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|a Fiscal stance
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653 |
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|a Public Administration
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653 |
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|a Public debt
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653 |
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|a Budget Systems
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653 |
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|a Government liabilities
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653 |
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|a Public finance & taxation
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653 |
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|a Financial statements
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653 |
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|a Debt Management
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653 |
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|a Debts, Public
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653 |
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|a Fiscal Policy
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653 |
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|a Debt
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653 |
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|a Budget planning and preparation
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653 |
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|a Fiscal policy
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653 |
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|a Budgeting
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653 |
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|a Sovereign Debt
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653 |
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|a Accounting
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653 |
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|a Finance, Public; Accounting
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653 |
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|a Public Sector Accounting and Audits
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653 |
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|a Budget
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653 |
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|a Macroeconomics
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653 |
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|a Financial reporting, financial statements
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653 |
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|a Budgeting & financial management
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653 |
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|a National Budget
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653 |
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|a Public Finance
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700 |
1 |
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|a Milesi-Ferretti, Gian
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781451856378.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2004/143/001.2004.issue-143-en.xml?cid=17507-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a Several European Union countries have recently implemented or are envisaging fiscal that operations improve budgetary figures but have no structural impact on government finances. This paper evaluates some of these measures using a balance sheet approach. In particular, it examines the degree to which reductions in government debt in EU countries has been accompanied by a decumulation of government assets. In the run-up to Maastricht (1997) it finds a strong correlation between changes in government liabilities and government assets, and larger declines in government assets in countries starting from higher public debt levels
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