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Fiscal Policy - International Aspects, Short & Long-Term Challenges & Macroeconomic Effects (Hardcover)
Loot Price: R6,443
Discovery Miles 64 430
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Fiscal Policy - International Aspects, Short & Long-Term Challenges & Macroeconomic Effects (Hardcover)
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Fiscal policy is an important factor influencing the growth
performance of countries. However, compared to the large empirical
literature on the effects of monetary policy on economic activity,
fiscal policy has received less attention. In this book, the
authors present current research in the study of fiscal policy and
the macroeconomy as well as the challenges of fiscal policy in the
current global environment. The book brings a global perspective to
the practice of fiscal policy by presenting case studies from the
United States, the European Union, and the Caribbean. Topics
discussed in the book include international dimensions of fiscal
policy, public debt and the economy, austerity versus stimulus and
economic growth, the correction of economic imbalances in Europe,
the long term impact of fiscal devaluation, the cyclicality of
fiscal policy, the appropriate debt ceilings for small states,
lessons from the banking union framework in the Euro Area, fiscal
policy and competitiveness, policy lessons from debt restructuring
in Jamaica, estimating the structural fiscal balance in small
islands and fiscal policy rules and fiscal performance.
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