The papers below are the original versions as presented by the authors at the conference, and are not to be cited or quoted without the author's permission

Panel 1 - Political Development, Fiscal Outcomes and Economic Performance


• Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century by Peter S. Heller and David Hauner
  
  
• Political Development and Fiscal Outcomes by James D. Savage
  
  Panel 2 - Japan, United Kingdom and France
  
  
• Japan: Long-term Budget Challenges by Edward J. Lincoln
  Comments by Tetsuo Kabe
  
  
• Fiscal Sustainability: The Case of the United Kingdom by David Heald
  
  
• Social Expenditures and Fiscal Sustainability: The Case of France by Didier Blanchet
  Comments by Selma Mahfouz
  
  Panel 3 - Germany and Italy
  
  
• German Public Finances: Recent Experiences and Future Challenges by Klaus Bünger, Rolf R. Strauch and Jürgen von Hagen
  
  
• High Public Debt and Population Aging: Two Challenges for the Italian Budget by Giuseppe Canullo
  
  Panel 4 - Canada and the United States
  
  
• Balanced Budgets: A Canadian Fiscal Value by Thomas J. Courchene
  Comments by Kevin Lynch
  
  
• The United States: The Past and Future of the Entitlement State by Dennis Ippolito
  Comments by Rudolph Penner
  
  Panel 5 - Roundtable Discussion on Fiscal Sustainability
  
  
• Dimensions and Impacts of Demographic Aging: The Case of Europe and its Public Pension Systems by Rainer Münz
  
  
• Comments by Ludger Schuknecht
  
  
• The Coming Fiscal Crisis? by Vito Tanzi