As is known, the National Budget for the fiscal year 2008-09 (FY2009) and Revised Budget for FY2008 were presented by the Honble Advisor for Finance and Planning on 9 June 2008. In keeping with its tradition, the Centre for Policy Dialogue (CPD) presented its budget reaction the following day at...

The National Budget for the fiscal year 2007-08 (FY08) and the Revised Budget of FY07 were placed before the country on 7 June 2007. The Centre for Policy Dialogue (CPD), in continuation of its tradition of presenting its analysis of budgets prepared by successive governments, has prepared the...

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generation and expansion of safety nets, low price level and tackle the impact of the global financial crisis. The Centre for Policy...

Die deutsche Wirtschaft wird bis zum Jahr 2017 deutlich stärker wachsen als in den vergangenen fünf Jahren. Dabei wird die Dynamik immer mehr durch die Binnenwirtschaft getragen, und der Aufbau der Beschäftigung setzt sich fort. Die öffentlichen Haushalte werden in der mittleren Frist mit...

The German economy will experience significantly stronger growth up to 2017 than it has in the past five years. Economic growth will increasingly be driven by domestic demand, and job creation will continue. In the medium term, there will be increasing surpluses in public budgets; in 2017, these...

Recent academic papers have shown that the Japanese sovereign debt situation is not sustainable. The puzzle is that the bond rate has remained low and stable. Some suggest that the low yield can be explained by domestic residents' willingness to hold Japanese government bonds (JGBs) despite its...