How to bake a (cr)edible medium-term fiscal pie, by Olivier Blanchard and Carlo Cottarelli. How can governments have their cake and eat it too? How can fiscal policy provide sufficient support to economic activity, and reassure markets that fiscal…

Ten Commandments for Fiscal Adjustment in Advanced Economies by Olivier Blanchard and Carlo Cottarelli offers commandments to make possible the difficult challenge faced by advanced economies of adjustment strategies without undermining a still fragile economic recovey. http://migre.me/UMiZ See http://www.imf.org/external/spanish/np/vc/2010/062410s.htm