This paper provides an overview of issues related to fiscal consolidation drawing on the
literature; it distills some lessons from fiscal consolidation episodes using a new database covering 196 countries from 2000 to 2023. The paper discusses the motives, timing, design, and political economy of fiscal consolidation, as well as its macroeconomic and social impacts. We find that fiscal consolidation is often necessary and successful in restoring fiscal...
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World Bank.
Fiscal consolidation tool (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099062724151517732