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centered around an expenditure rule as an annual operational target supplemented by a debt-correction factor and a multi …
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Whether fiscal policy is sustainable depends on a government's future revenue and expenditure streams, both of which …
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In the contemporary capitalism model and in relation to the functioning of the economy there is a counterproductive view of the state as an institution. This has led to a reversal of the hierarchy between the state and the private sector, since it subordinates states to markets. Fiscal policy...
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