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Restoring Public Finances, 2012 Update: (Complete Edition ‐ ISBN 9789264179455)

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This report gives an update on fiscal consolidation strategies across OECD member countries since last year. Chapter 1 describes the scope and composition of country plans, compares them with calculated fiscal need, and provides information on the timing and details. Chapter 2 contains notes on each of the countries which present the current fiscal position and announced fiscal paths, the consolidation plans, and detailed expenditure and revenue measures. Chapter 3 discusses the financial situation and consolidation needs of sub‐national governments, and the policies that are being carried out at both levels of government to reach the consolidation objectives.

Editorial by the Secretary‐General of the OECD

Preface by the Chair of the OECD Working Party of Senior Budget Officials

Executive summary

Chapter 1. Fiscal consolidation targets, plans and measures in OECD countries

Chapter 2. Fiscal consolidation: OECD country profiles

Chapter 3. Involving sub‐national governments in fiscal consolidation

Document Type: Review Article

Publication date: November 1, 2012


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