Postcard from São Paulo: the Latest Global Fiscal News–and Some of It’s Actually Good

2017-04-15T14:21:46-04:00June 21, 2011|

In São Paulo, Brazil last Friday we launched our latest assessment of the state of government finances, debts and deficits. While many countries are slogging through a tough fiscal time, there is some good news, including in the United States ̶ the deficit will be lower this year than previously expected. I will also give you an assessment of how the new information affects our sense of what needs to be done in the future.