Fiscal Policy

  • In the News

    Representing barely a one percent additional share of fiscal revenue, [the tax reform package] will be insufficient to begin the process of weaning the government off Pemex’s revenues.

    January 21, 2014, Andrés Rozental, World Finance
  • Interview | The Wall Street Journal

    December 27, 2013, David Wessel

  • In the News

    So my hope from the budget conference is modest.  Turn off the destructive sequester for a year or two, without insisting that all of it be paid for in the same time period. Set realistic spending caps, mandatory spending adjustments, and revenues consistent with that objective.  Drop the threats of another shutdown or debt ceiling standoff. Demonstrate that the regular order still has some currency in Congress.

    November 1, 2013, Thomas E. Mann, CNN
  • In the News

    Global markets have been relatively calm in the midst of the political standoff in Washington as investment managers have been assigning a small probability of default, but this is a very dangerous game as it has repercussions both within and outside the U.S.

    October 17, 2013, Amadou Sy, Los Angeles Times
  • In the News

    Other than an image problem, political polarization and gridlock at the Federal government level are a problem of great concern (...) However, the U.S. will not lose its image, mainly because below the surface a lot is going on that will continue to attract investment to this country.

    October 16, 2013, Ernesto Talvi, BBC
  • In the News

    [A U.S. debt default would] affect Chile as a triple whammy: increased interest rates, decreased copper prices and a fall in world economic activity.

    October 15, 2013, Ernesto Talvi, The Santiago Times
  • In the News

    It is highly unlikely that the U.S. will choose to default on its interest payments and would rather delay other items like social security or Medicare payments that will create the political dynamics necessary to break the gridlock.

    October 8, 2013, Ernesto Talvi, Bloomberg
  • Interview | Washington Post Wonkblog

    Alice Rivlin Was In Charge of the Last Government Shutdown. This is What She Saw.

    September 27, 2013, Neil Irwin

  • In the News

    The Congress ought to get serious. They need to raise the debt ceiling so we don’t have this ridiculous counterproductive argument again.

    September 5, 2013, Alice M. Rivlin, Bloomberg
  • Interview

    A Conversation on the Upcoming G-20 Leaders’ Summit in St. Petersburg

    August 23, 2013, Kemal Derviş, Eswar Prasad and David Dollar

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