Fiscal Policy

In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenues and expenditures to influence macroeconomic variables developed as a result of the Great Depression, when the previous laissez-faire approach to economic management became unpopular. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorized that government changes in the levels of taxation and government spending influences aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies …

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Publications

ADB: Asian Development Bank · 12 April 2024 English

ASEAN’s economic transformation depends on its success in achieving its key priorities of recovery, digital economy, and sustainability.

India. Febrio N. Kacaribu is chairman of the Fiscal Policy Agency, Ministry of Finance of the Republic epicenter of growth. Febrio N. Kacaribu Chairman Fiscal Policy Agency, Ministry of Finance of the Republic


OpenSky Policy Institute · 12 April 2024 English

$363 million Assuming all remaining bills are passed on final reading and no vetoes, the state is projected to end FY 25 with $363 million in general funds above the …


World Bank Group · 11 April 2024 English

Economic growth in the Western Balkans slowed to 2.6 percent in 2023, from the 3.4 percent reached in 2022, reflecting the impact of a weak European economy weighed down by …

and Herzegovina was the only country where fiscal policy saw a significant expansion. In most cases other hand, was the only WB6 country where fiscal policy meaningfully expanded, though its fiscal deficit



World Bank Group · 11 April 2024 English

With an accessible and attractive coastline of untouched natural splendor, Adriatic Croatia is a strategic driver of national economic development. It boasts rich cultural heritage and biodiversity and abundant coastal …

seascape ■ Assess and reform economic/fiscal policy (Blue PEIR) ■ Identify public investments


World Bank Group · 11 April 2024 English

This paper, along with its accompanying data, provides the first comprehensive analysis on financing for refugee education in low- and middle-income countries. By compiling and scrutinizing data on host government …

Mawejje, J. (2023) Large needs, few means: fiscal policy challenges in low-income countries, World Bank worldbank.org/developmenttalk/large-needs-few-means-fiscal-policy- challenges-low-income- countries#:~:text=R


World Bank Group · 11 April 2024 English

Economic activity in the Europe and Central Asia (ECA) region is expected to remain resilient but slow this year as a weaker global economy, slowdown in China, and lower commodity …

and deficits in Central Europe FIGURE 1.7. Fiscal policy in ECA 20 n World Bank ECA Economic Update


World Bank Group · 11 April 2024 English

This paper, along with its accompanying data, provides the first comprehensive analysis on financing for refugee education in low- and middle-income countries. By compiling and scrutinizing data on host government …

Mawejje, J. (2023) Large needs, few means: fiscal policy challenges in low-income countries, World Bank worldbank.org/developmenttalk/large-needs-few-means-fiscal-policy- challenges-low-income- countries#:~:text=R


World Bank Group · 11 April 2024 English

Economic activity in the Europe and Central Asia (ECA) region is expected to remain resilient but slow this year as a weaker global economy, slowdown in China, and lower commodity …

. . . . . . . . . . . . . . . . . 17 1.7. Fiscal policy in ECA . . . . . . . . . . . . . . . . . . and deficits in Central Europe FIGURE 1.7. Fiscal policy in ECA 20 n World Bank ECA Economic Update



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