Lo stock di debito pubblico si può abbattere con misure ... - Cnel
Lo stock di debito pubblico si può abbattere con misure ... - Cnel
Lo stock di debito pubblico si può abbattere con misure ... - Cnel
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Una Strategia Straor<strong>di</strong>naria<br />
Le <strong>si</strong>ngole riforme sono importanti, ma soprattutto è necessario che i mercati<br />
<strong>si</strong>ano <strong>con</strong>vinti che l’Italia sta intraprendendo riforme verso un’ e<strong>con</strong>omia<br />
competitiva e uno sviluppo sostenibile.<br />
At least in current market <strong>con</strong><strong>di</strong>tions, fiscal adjustment at a steady pace (for<br />
countries that are not under imme<strong>di</strong>ate market pressure) has some advantages<br />
with respect to a front-loaded adjustment. While insufficient tightening could<br />
erode cre<strong>di</strong>bility, frontloaded adjustment could involve <strong>si</strong>zable output losses,<br />
and could be even counterproductive in terms of market perception and<br />
political.<br />
Cottarelli Carlo and Laura Jaramillo. 2012. Walking Hand in Hand: Fiscal Policy and Growth in Advanced<br />
E<strong>con</strong>omies, IMF WP/12/137<br />
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