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Part I Macroeconomic Environment »
Source: Northern Star : Canada's Path to Economic Prosperity
Series: Occasional Papers
Author(s): Vladimir Klyuev , Martin Mühleisen , and Tamim Bayoumi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 October 2007
ISBN: 9781589066144
Keywords: Economic growth, Energy, Banking, Inflation targeting, pension, inflation, retirement, monetary policy, ld
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I Overview: Returning Deficits and the Need for Fiscal Reform »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
U.S. government finances have experienced a remarkable turnaround in recent years. Within only a few years, hard-won gains of the previous decade have been lost and, instead of budget surpluses, deficits are...

II Economic Impact of U.S. Budget Policies »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
The U.S. fiscal position has deteriorated significantly in recent years. In 2000, the Congressional Budget Office (CBO) projected surpluses in the range of 3 percent of GDP for the next 10 years and for the...

III Social Security, Medicare, and U.S. Fiscal Prospects »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
The reemergence of large U.S. budget deficits in recent years has heightened concern about the implications of demographic trends for the longer-term fiscal position. 1 In particu...

IV Long-Run U.S. Fiscal Imbalance: An Intergenerational Analysis »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
The recent dramatic deterioration of the U.S. fiscal position has heightened long-standing concerns about the extent to which the retirement and health care systems are prepared to cope with the pressures of...

U.S. Fiscal Policies and Priorities for Long-Run Sustainability »
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
DOI: http://dx.doi.org/10.5089/9781589062955.084
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government's fiscal position. Against this back ground, it also reviews key pol...

Front Matter »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government's fiscal position. Against this back ground, it also reviews key pol...

V U.S. Energy Policy: Role of Taxation »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
Following the release of the administration’s National Energy Policy in 2001, far-reaching energy legislation is being considered in Congress. 1 The legislation seems to be mainly...

VI Budget Enforcement Act and Options for Reform »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
The elimination of the U.S. federal budget deficit during the 1990s marked a significant fiscal milestone at the time. The unified budget surplus in FY1998 was the first surplus in nearly 30 years, and surpl...

VII Will the State and Local Budget Crisis Hinder Economic Growth? »
Source: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
ISBN: 9781589062955
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
Following a decade of strong revenue growth and significant surpluses, state and local governments (SLGs) are now facing significant budget shortfalls for a third consecutive year. At a time when the federal...