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A 2007 study by the Government Accountability Office was titled "State and Local Governments: Persistent Fiscal Challenges Will Likely Emerge Within the Next Decade".
Japan has run persistent fiscal deficits without generating significant growth; its debt-to-GDP ratio has persistently risen.
Then, years of persistent fiscal deficits persuaded Americans that belt-tightening was necessary.
First, it provided a persistent fiscal stimulus of about 2percentt of GDP that sustained the economic expansion.
The case describes the political and economic contributors to California's persistent fiscal deficits and the reforms recommended by the Commission.
What brought Argentina down was the combination of its fixed exchange rate, which made its currency uncompetitive, with persistent fiscal deficits.
Similar(41)
Decked out in pine boughs and persistent Christmas lights, it glowed in the winter night.
An unusually persistent late summer heatwave has smashed records across New South Wales, Australia.
Not only has inequality been remarkably persistent since 1946, but its effects echo through the decades.
He sees the underlying cause of the current market turmoil as the persistent fall in risk premiums over the past five years.
Subjects exhibited 2.1±1.0 concurrent AF sources of which the primary, by phase mapping, precessed in limited areas (persistent 2.5±1.7 versus paroxysmal 1.7±0.5 cm(2); P=0.30).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com