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The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278122
This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expansionary measures, and the long-term implications for government debt. In order to evaluate more...
Persistent link: https://www.econbiz.de/10009363970
sustainability risk for emerging Asian economies—such as large-scale subsidies, infrastructure investment requirements, aging and … balance of revenues and expenditures, implementing more explicit fiscal rules and frameworks, and establishing stronger fiscal …
Persistent link: https://www.econbiz.de/10011134336
sustainability risk for emerging Asian economies—such as large-scale subsidies, infrastructure investment requirements, aging and … balance of revenues and expenditures, implementing more explicit fiscal rules and frameworks, and establishing stronger fiscal …
Persistent link: https://www.econbiz.de/10011134367
This paper provides an evaluation of the long-term fiscal sustainability of advanced economies, based on current estimates of these economies’ current-policy fiscal trajectories. As will be quite evident, for many countries short-term fiscal measures, such as the debt-GDP ratio and the...
Persistent link: https://www.econbiz.de/10011277985
This paper provides an evaluation of the long-term fiscal sustainability of advanced economies, based on current estimates of these economies’ current-policy fiscal trajectories. As will be quite evident, for many countries short-term fiscal measures, such as the debt-GDP ratio and the...
Persistent link: https://www.econbiz.de/10011278191
The paper reviews Indias macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10009363919
enlarging intra-regional trade is the better connectivity of infrastructure such as roads, ports, airports, and rail links … infrastructure development. While these investments have improved national facilities, East Asian countries will only be well … Infrastructure Investment Fund (EAIIF) is proposed to provide a mechanism to organize this funding and to be a platform for deciding …
Persistent link: https://www.econbiz.de/10009363952
-targeted spending on infrastructure to deliver long run productivity improvements. Given New Zealands longer term growth challenge, any …
Persistent link: https://www.econbiz.de/10009363981