The international financial crisis which broke out in 2008 has had a major impact on fiscal sustainability of countries all over the world. Countries have responded to the global recession with varying measures. However, various initiatives regarding fiscal policy have been taken at the global...

The international financial crisis which broke out in 2008 has had a major impact on fiscal sustainability of countries all over the world. Countries have responded with varying measures. Moreover, in the aftermath of the global financial crisis, international initiatives regarding tax...