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The effects of fiscal consolidation in the OECD.

By: Material type: TextPublication details: Washington : World Bank, 1994.Subject(s): Summary: The paper examines recession in many parts of OECD economies in the 1990s and the extent to which European governments must cut deficits between now and 1997 to satisfy deficit targets in the Maastricht Treaty.
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The paper examines recession in many parts of OECD economies in the 1990s and the extent to which European governments must cut deficits between now and 1997 to satisfy deficit targets in the Maastricht Treaty.

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