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In the years immediately before this publication (2008-2010), government spending (and deficits) in developed countries tended to spike, because a worldwide financial crisis occurred and antirecessionary spending rose dramatically, while tax revenues fell because of the recession. Ballooning deficits resulted in many countries. In 2010, many governments are beginning to cut back on the spending caused by counterrecessionary trends, and even more importantly, some governments have found that there are severe constraints