Reassessing the Role and Modalities of Fiscal Policy in Advanced Economies

Nopic
This paper investigates how developments during and after the 2008–09 crisis have changed economists’ and policymakers’ views on: (i) fiscal risks and fiscal sustainability; (ii) the effectiveness of fiscal policy as a countercyclical tool; (iii) the appropriate design of fiscal adjustment programs; and (iv) the role of fiscal institutions. READ MORE...

Publication date: June 2013
ISBN 9781498341608
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