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Front-Loaded or Back-Loaded Fiscal Adjustments: What Works in Emerging Market Economies? by Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF, indicated by Teresa Ter-Minassian (8/2014). This paper investigates the political and economic determinants of successful…

Older and Smaller by Benedict Clements, Kamil Dybczak and Mauricio Soto published by Finance & Development/IMF (3/2016). “With fertility rates falling across the globe, population declines will become more widespread over the next few decades. According to the latest…

Pension reform and equity by Benedict Clements, Csaba Feher, Sanjeev Gupta published by VOXEU (7/2014) “The discussion on pension reform typically centres on fiscal sustainability. This column argues that equity concerns are of primary importance, both in selling proposed reforms…

Brasil: Avaliação da transparência fiscal por Benedict Clements, Paulo Medas, Miguel Alves, Fabian Bornhorst, Fabien Gonguet, Timothy Irwin, Ernesto Jeger, Xavier Rame e José Luiz Rossi publicado pelo IMF (1/2017). “Este relatório avalia as práticas de transparência fiscal no…