http://geoscopio.tv/2010/07/gestao-do-risco/portugal-entre-os-mais-%e2%80%9cvirtuosos%e2%80%9d-no-ajustamento-%e2%80%93-e-esta%e2%80%a6hem-diario-de-bordo-113/ Wed, 30 Nov 2011 13:04:39 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://geoscopio.tv/2010/07/gestao-do-risco/portugal-entre-os-mais-%e2%80%9cvirtuosos%e2%80%9d-no-ajustamento-%e2%80%93-e-esta%e2%80%a6hem-diario-de-bordo-113/comment-page-1/#comment-8265 JNR Sun, 01 Aug 2010 07:46:54 +0000 http://geoscopio.tv/?p=1123#comment-8265 Paolo Manasse answer; "I agree with the reader: it would be interesting to compare the composition (tax increases vs expenditure cuts) of the programmes across Europe, as well as their impact on growth. Unfortunately I do not have sufficiently detailed information for this. My aim in the article is simply to compare the distribution of cuts among European countries. Fiscal policy needs to become more centralized in Europe, and the first step is to evaluate “who is doing what “ and discuss “who should be doing what” ." Paolo Manasse answer; “I agree with the reader: it would be interesting to compare the composition (tax increases vs expenditure cuts) of the programmes across Europe, as well as their impact on growth. Unfortunately I do not have sufficiently detailed information for this. My aim in the article is simply to compare the distribution of cuts among European countries. Fiscal policy needs to become more centralized in Europe, and the first step is to evaluate “who is doing what “ and discuss “who should be doing what” .”

]]> http://geoscopio.tv/2010/07/gestao-do-risco/portugal-entre-os-mais-%e2%80%9cvirtuosos%e2%80%9d-no-ajustamento-%e2%80%93-e-esta%e2%80%a6hem-diario-de-bordo-113/comment-page-1/#comment-8263 Amilcar Moreira Sat, 31 Jul 2010 22:49:54 +0000 http://geoscopio.tv/?p=1123#comment-8263 I read your very interesting article on budget reduction strategies in Europe. Maybe induced by the choice of words (virtuosi as opposite to laggards), I feel that to find really virtuous deficit reduction strategies (in the sense that they are more growth friendly, rather than just how ambitious they are) your analysis would benefit from extending your comparison to two additional indicators: the ratio between tax increases vs expenditure cuts, and the impact of deficit reduction on (potential) GDP growth. Still a very interesting article! I read your very interesting article on budget reduction strategies in Europe. Maybe induced by the choice of words (virtuosi as opposite to laggards), I feel that to find really virtuous deficit reduction strategies (in the sense that they are more growth friendly, rather than just how ambitious they are) your analysis would benefit from extending your comparison to two additional indicators: the ratio between tax increases vs expenditure cuts, and the impact of deficit reduction on (potential) GDP growth. Still a very interesting article!

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