The 5 Stages Before Deficit Reduction

For governments facing fiscal gaps, these stages outline one's journey to action.
by | June 9, 2010 AT 3:00 AM

Our colleague, Paul Posner at Management Insights, has written a great column on the five stages before deficit reduction.

Before you can fix a massive budget deficit, these are the stages of decision-making an official must confront. READ MORE.

Management Insights is published here on in collaboration with the Ash Center for Democratic Governance and Innovation at the Harvard Kennedy School. The column is moderated by Stephen Goldsmith, a Professor of Government at Harvard Kennedy School (on leave), and deputy mayor of operations for the City of New York.

Paul Posner
Paul L. Posner | Contributor