INTOSAI Development Initiative

Supporting effective, accountable and inclusive Supreme Audit Institutions

The theory and practice of financial consolidation

The theory and practice of financial consolidation

The latest issue of Public Finance Quarterly has information on the economic growth and changes in capital and labour income in the USA. Readers can discover the relationship between fiscal consolidation and sovereign debt also learn about the correlation between time perspective, financial well-being and delay of gratification of young adults. Furthermore, studies of the latest issue grant insight to competitiveness, risk calculation based on historical simulation and the Copula Function, to neoliberalism as a political programme and elements of its implementation as well as to impossibility trilemmas in Hungarian Economic History.