02233cas a2200241 a 4500 AALejournalIMF013110 230101c9999 xx r poo 0 0eng d 50.00 USD 9781616353919 2219-276X BD-DhAAL BD-DhAAL International Monetary Fund. Fiscal Affairs Dept. Fiscal Monitor, October 2012 : Taking Stock: A Progress Report on Fiscal Adjustment: Taking Stock: A Progress Report on Fiscal Adjustment. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (114 pages) Fiscal Monitor <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students With growth weakening in many parts of the world and downside risks on the rise, fiscal consolidation remains challenging. However, considerable progress has been made in strengthening fiscal accounts following their sharp deterioration in 2008-09. This issue of the Fiscal Monitor takes stock of this progress, focusing on its size, composition, and implications for employment and social equity. The issue finds that most countries--and especially advanced economies--have made significant headway in rolling back fiscal deficits, but that efforts at controlling debt stocks are taking longer to yield results. The mix of revenue and expenditure policies employed by countries with sizable fiscal consolidation needs has differed, with advanced economies in general relying more on spending retrenchment than emerging markets and low-income countries. Both spending and revenue measures have important implications for employment and social equity, the issue finds, and these implications need to be taken into account if the large consolidation efforts underway are to be sustainable. Mode of access: Internet Fiscal Monitor; Fiscal Monitor ; No. 2012/002 Full text available on IMF http://elibrary.imf.org/view/books/089/20018-9781616353919-en/20018-9781616353919-en-book.xml IMF e-Library