1 “... government level, both during the current and past consolidation episodes. After experiencing a deficit...”

2 “.... The recovery will probably be shallow and government deficits could remain very large over the next few years...”

3 “..., there is some evidence that grants reduce SCG tax raising effort, inflate SCG spending and increase SCG deficits...”

4 “... and increase SCG deficits and debt. Efficiency and accountability would call for a higher share of SCG spending...”

5 “... such as deficits, debt or vulnerability to crises, while institutional coherence (or incoherence for that purpose...”

6 “... - as measured by deficit reduction and debt stabilisation or decline - was driven by spending cuts and to a...”