Fiscal Policy for Mitigating the Social Impact of High Energy and Food Prices

Fiscal policy has a crucial role in lessening the impact on the most vulnerable households. Governments must balance by ensuring access to energy and food, normalizing fiscal policy after unprecedented support in 2020, and promoting green transformation.
Volume/Issue: Volume 2022 Issue 001
Publication date: June 2022
ISBN: 9798400211614
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Topics covered in this book

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Economics- Macroeconomics , Economics / General , Inflation , Food prices , Energy prices , Subsidies , Cash transfers , Social assistance , Energy reform , Food Security , Taxation , Fiscal policy

Summary

Fiscal policy has a crucial role in lessening the impact on the most vulnerable households. Governments must balance by ensuring access to energy and food, normalizing fiscal policy after unprecedented support in 2020, and promoting green transformation.