On 11 February the Working Group on Fiscal Sustainability was launched.

But fiscal sustainability is no cure for Greece s chronically large trade deficit.

Similarly, retirement and pension reforms can increase long term fiscal sustainability without generating social conflict.

Europe, by contrast, put early emphasis on restoring fiscal sustainability, but neglected its private sector maladies.

Without a return to growth, they cannot quell investors doubts about their fiscal sustainability and their banks solvency.

In March, having agreed on the fiscal treaty, the European Council turned its attention to reviving economic growth, which will be the key to long term fiscal sustainability.

A wide range of official measures could be employed to support domestic demand while protecting medium term fiscal sustainability.

Austerity might have worsened the slump temporarily, but it did deliver fiscal sustainability without permanent damage to the economy.

Until the Reinhart Rogoff paper, the main argument for fiscal retrenchment rested on concerns about the sustainability of public debt.

The Peace Implementation Council Steering Board welcomed, in particular, the establishment of the Fiscal Council of Bosnia and Herzegovina on 14 May and the extension of the mandate of the Fiscal Sustainability Working Group.

While the US has thus far avoided the bond market s wrath, American political leaders confront the same problem of debt and fiscal sustainability.

6. Notes the recognition by the World Bank and the International Monetary Fund of the need to pursue efforts to increase fiscal space for public infrastructure investment within limits of fiscal prudence and debt sustainability

A Fiscal Responsibility Law, promoted and managed locally, which seeks to reform the key institutions and to adopt a well designed fiscal rule, won't only transform the fiscal status of Puerto Rico, but will also introduce governance reforms to ensure the fiscal solvency and sustainability of the government in the long term.

And a massive default, together with a very large sustained cut in the annual budget deficit, is, in fact, needed to restore Greek fiscal sustainability.

Debt and inflation will reappear as medium term problems, so it is critical that the fiscal ammunition used helps long term productivity, growth, and sustainability.

The severely constrained fiscal space in which many developing countries operate can also prevent the integration of environmental sustainability considerations into such plans and strategies.

The one conclusion that appears to hold generally is that shunning austerity does not allow one to avoid the problem of achieving both fiscal and external sustainability.

Moreover, with growing concerns about the sustainability of US fiscal policy, the euro has a huge opportunity to play a significantly larger role as a reserve currency.

True, countries that have not cleaned up their fiscal act, such as India, must not recklessly plunge ahead with big government projects without counterbalancing reforms to ensure sustainability.

But the other finance ministers did not echo Geithner s warnings. Instead, they emphasized the importance of sustainable public finances and the need for measures to deliver fiscal sustainability.

These two measures were both timely and vital, creating a much needed period of calm. In March, having agreed on the fiscal treaty, the European Council turned its attention to reviving economic growth, which will be the key to long term fiscal sustainability.

As in Japan, such measures would enhance long run fiscal sustainability without weakening demand at a time when the economy has not yet fully recovered from the Great Recession.

We also seek to attain a 6.6 per cent annual growth rate for the next five years, to be achieved through macroeconomic stability, fiscal sustainability and financial sector reforms.

Keynesian demand management was thus displaced by a new understanding which we owe largely to Friedman that pursuing fiscal discipline and price stability is the best guarantee of macroeconomic sustainability.

Little wonder, then, that the Commission has issued a warning that crisis related fiscal expansion and the aging population raise questions about the sustainability of public finances in the EU.

Some of the problems are political, including slow progress in achieving a comprehensive and consistent solution to Europe s sovereign debt crisis, and stalemate over restoring fiscal sustainability in the US.

The Sustainability Mindset

Sustainability of achievements

Ensuring environmental sustainability

C. Environmental sustainability

Women and sustainability

Harnessing Disruption for Sustainability

The Transition to Sustainability

The Business Case for Sustainability

Goal 7 Ensure environmental sustainability

Debt sustainability and debt relief

Ensure environmental sustainability (MDG 7)

Round table 7 Environmental sustainability

Goal 7 Environment Sustainability Promoting environmental sustainability through education and good management of natural resources (including soil and water).

The G 7 s Sustainability Mission

In most advanced economies, aging populations a serious problem in Europe and Japan exacerbate the problem of fiscal sustainability, as falling population levels increase the burden of unfunded public sector liabilities, particularly social security and health care systems.

Financial viability and sustainability of local police

Achieving sustainable development and ensuring environmental sustainability

The advantage of moving towards funded pension schemes is that it enables Governments to minimize the economic costs of restoring long run fiscal sustainability in the face of ageing related pressures by spreading the required adjustment over a long period.

Ray Anderson on the business logic of sustainability