The idea of a golden rule has recently been relaunched in the framework of the debate on the European Green Deal.

We study convergence and divergence dynamics in a sample of EMU countries by assembling an extensive dataset that contains information on public spending and policy outcomes in a variety of areas of government intervention including education, health, and civil justice from the early 1990s. We...

Since the Lisbon Process, the EU has changed its function from a mere economic common market into a social union. The EU addressed its future policy also to sustainability with increasing employment and better jobs, and greater social cohesion. That implies the acknowledgment of social inclusion...

The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...

The objective of this article is to investigate the effect of government expenditure on GDP in Turkey from 2000Q1-2015Q4 by the superexogeneity test. As a consequence of satisfying both conditions of weak exogeneity and structural invariance, government expenditure is super exogenous to GDP...

The theme of this research is the rights of indigenous peoples and the budgetary instruments for their materialization. The expansion of the constitutional duties of the Brazilian state in the past 30 years, given the pluriculturality and the knowledge of the cultural specificities of indigenous...

The text highlights the character of sectorial public policies in the cultural area segment and the main challenges to be faced in the construction of its budget, namely, the difficulty of delimiting the object and comparing the federation's entities, since they have different logics and,...

This paper analyzes the effectiveness of debt-relief programs targeting short-run household liquidity constraints implemented in Canada in response to the COVID-19 pandemic. These programs allowed individuals to push off mortgage and credit card payments and cut in half interest rates on credit...

This study deals with state action through the analysis of the main administrative instruments with planning and budgeting, aiming to illustrate the different characteristics between the planning and budgeting instruments under the multi-annual perspective and to present possible risks of...

The debate on the need for Sub-Saharan African (SSA) countries to foster inclusive growth has intensified following the coming into force of the African Continental Free Trade Area (AfCFTA), and the emergence of the coronavirus pandemic. A conspicuous lacuna in the literature is a lack of...