• The new EU macroeconomic activism and lessons for future reform🔍
• GAO|24|106987🔍
• The Global Financial Crisis🔍
• Fiscal and monetary policy interactions in a low interest rate world🔍
• Financial Report of the United States Government🔍
• Opening statement to the Economics Legislation Committee🔍
• The Economics of Fiscal Rules and Debt Sustainability🔍
• Scrap fiscal rules and stop subsidising banks to fix our broken ...🔍

The new EU macroeconomic activism and lessons for future reform

This paper looks at the macroeconomic policy response to the Covid-19 crisis in the European Union (EU) and the prospects for long-term recovery.

GAO-24-106987, The Nation's Fiscal Health

The federal government faces an unsustainable long-term fiscal path. We project that debt held by the public as a share of the economy will ...

The Global Financial Crisis | Explainer | Education | RBA

Among many new global regulations, banks must now assess more closely the risk of the loans they are providing and use more resilient funding sources. For ...

Fiscal and monetary policy interactions in a low interest rate world

and potentially raising financial stability risks in the longer term. Third, more debt-averse fiscal policy delivering a more rapid fiscal tightening. 4A ZLB ...

Financial Report of the United States Government - Management

A sustainable fiscal policy is defined as one where the debt-to-GDP ratio is stable or declining over the long term. The projections based on ...

Opening statement to the Economics Legislation Committee

Fiscal policy has an important role to play in delivering long‑term prosperity by helping to deliver strong productivity growth and a ...

The Economics of Fiscal Rules and Debt Sustainability

First, the EFB (2019) suggested imposing one fiscal anchor, a debt ceiling at 60% of GDP: the focus would be on sustainability, while its advantage would be its ...

IMF: Fiscal policy can promote economic stability and address risks ...

The enhanced fiscal frameworks can combine strengthened institutions with revamped fiscal rules. Medium-term fiscal plans should include ...

Scrap fiscal rules and stop subsidising banks to fix our broken ...

To do this we will need a government unafraid to find ways to raise revenues and replace our broken fiscal rules with referees that can account ...

Fiscal Policy - Econlib

In an open economy, fiscal policy also affects the exchange rate and the trade balance. In the case of a fiscal expansion, the rise in interest rates due to ...

Fiscal rules and investment in the upcoming Budget - IFS

This could be accompanied by a change in the debt rule to provide new, higher limits on borrowing and an indication of the government's logic.

2024 Economic Policy Directions - Ministry of Economy and Finance

The vision and medium-and long-term ... 1) Maintain a policy stance of fiscal soundness by continuously pursuing the legislation of fiscal rules, ...

The past and future of subnational fiscal rules - OECD

... rules complement each other in terms of short and long-term goals. ... governments could simply engage in pro-cyclical fiscal policy by raising expenditures in an ...

Japan's Economy and Monetary Policy

Next, I will outline the Bank's decision to raise the short-term policy interest rate. ... Long-term interest rates: to be formed in financial ...

Recent and Near-Term Fiscal Policy: Headwind or Tailwind?

While government spending typically increases during a recession, the magnitude of the fiscal expansion during the pandemic recession was ...

News in Charts: Fiscal back in focus | Lipper Alpha Insight | LSEG

Price pressures increased across the board, eventually forcing a rapid increase in central bank policy rates. Long-term interest rates also ...

UK mistakes City liberalisation for a growth plan - Reuters

... rules or other supervisory measures, could raise the risk of a financial ... financial sector leads to faster economic growth over the long term.

More Revenue Is Required to Meet the Nation's Commitments ...

... risks to the economy and fiscal policy. Some are ... Long-Term Budget Outlook Under Alternative Scenarios for the Economy and the Budget.

Economic and fiscal outlook – March 2024 - Office for Budget ... - OBR

Risks to our medium-term real GDP forecast remain elevated. The outlook for productivity growth is our most important and uncertain forecast judgement, and ...

The implications of the European Union's new fiscal rules - Bruegel

However, a new safeguard was included: the 'debt resilience safeguard', which introduced a new long-term deficit ceiling at 1.5 percent of GDP.