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The level and composition of public expenditures and revenues both have implications for economic development, as shown … distribution-friendly expenditures in a crisis. …
Persistent link: https://www.econbiz.de/10012302041
. The pre-crisis declines in CESEE debt/GDP ratios were largely the consequence of a very favourable relationship between …
Persistent link: https://www.econbiz.de/10008907726
The European Union's new fiscal framework aims to incentivise public investment and reforms by offering the option to extend the four-year fiscal adjustment period to seven years, thereby lowering the average annual fiscal adjustment requirement. Investments and reforms proposed by EU countries...
Persistent link: https://www.econbiz.de/10014497435