Carlo Cottarelli was Director of the IMF’s Fiscal Affairs Department. He was previously with the Research Department of the Bank of Italy. In his IMF career he has been Deputy Director of the European Department and the Policy Development and Review Department. He has written papers on fiscal and monetary policy and edited books on inflation, monetary policy, and exchange rates. Latest posts:

• The Times They are a-Changin’: will (fiscal) history repeat itself?
• The Fiscal Milestone: Achievements, Fatigue, and Prospects
• Subsidizing Energy Consumption: Why it’s Wrong and What Can Be Done About it
• Resolutions for the Fiscal New Year—Staying on Track Is No Easy Task
• Seeing Our Way Through the Crisis: Why We Need Fiscal Transparency
• Taking Stock: Public Finances Now Stronger in Many Countries
• Signs of Fiscal Progress: Will It Be Enough?
• Beyond the Austerity Debate: the Deficit Bias in the post-Bretton Woods Era
• Making Goldilocks Happy
• Fiscal Glass is Half Full: Some Reasons for Optimism
• Postcard from São Paulo: the Latest Global Fiscal News–and Some of It’s Actually Good
• Tax Matters for Developing Countries
• Shifting Gears: Where the Rubber Meets the Fiscal Road
• The Long and the Short of It—Government Debt Plans in 2011 and Beyond
• How to Bake a (Cr)edible Medium-term Fiscal Pie
• Ten Commandments for Fiscal Adjustment in Advanced Economies
• Fair and Substantial—Taxing the Financial Sector
• This Time Is Different—Fiscal Policy in Low-income Countries
• Climate Change—Some Simple (and Quite Convenient) Truths
• The Health Care Challenge: Not Just a U.S. Problem
• Balancing Fiscal Support with Fiscal Solvency
• Post-Crisis: What Should Be the Goal of a Fiscal Exit Strategy?