Its main theme is to investigate the impacts of external and domestic factors on the economies of Middle Eastern and North African (MENA) countries, and to empirically assess the fiscal sustainability of past and current fiscal policies (particularly fiscal deficits) in these countries. The sample ...
Therefore, the government may consider conducting monetary and fiscal policies differently in the short run and long run. The government needs to be cautious in pursuing deficit spending as its long-term impacts depend on the monetary variable employed. The policy of maintaining a relatively stable ...
Rather than being a fundamental economic concept, the deficit is an arbitrary cash flow accounting construct with no necessary relation to the true stance of fiscal policy. Although the deficit is supposed to indicate how the burden of ... LJ Kotlikoff - 《Science》 被引量: 80发表: 1988年 ...
(tudi caizhengin Chinese), as one tool of capturing the increase in urban land value, is generally regarded as a fiscal phenomenon that local governments heavily depend upon from the off-budgetary Land Conveyance Fees (LCFs) and budgetary land-related taxes in their fiscal systems (Lin et al...
It has broadened the tax base, as 27 lakh new registered entries were seen in the formal sector. It will increase the revenue in the long run and thus address the problem of fiscal deficit. The number of returns filed with this new taxation regime is less as compared to earlier. Also, ...
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Mitigate fiscal deficit.The year 2020 forced the U.S. to respond with large stimulus plans driving the deficit to approach 15 percent of GDP – a historic high since 1926. With higher corporate tax, the state of the U.S. fiscal balance would be improved, according to Chen. ...
Climate change (CC) will likely significantly impact the world’s infrastructure significantly. Rising temperatures, increased precipitation, and rising sea levels are all likely to stress critical infrastructures (CI). Rising temperatures can lead to in
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revealed that previous governments had been misreporting government budget data. Higher than expected deficit levels eroded investor confidence causingbondspreads to rise to unsustainable levels. Fears quickly spread that the fiscal positions and debt levels of a number of Eurozone countries were ...