The Pact includes two Council regulations: Regulation 1466/97 on the strengthening of budgetary surveillance and coordination of economic policies (the so-called 'preventive arm'), and Regulation 1467/97 on the excessive deficit procedure (the co-called 'corrective arm'). In applying to both arms...
The macroeconomics of public sector deficits : the case of Pakistan For almost twenty years, Pakistan's fiscal deficit, at about 7 percent of GNP, averaged nearly twice the level for Asian countries as a whole. This paper e... NU Haque,P Montiel - 《Policy Research Working Paper》 被引量...
CONTROL OF THE PUBLIC DEBT :Maintaining price stability requires not only commitment to an appropriate monetary policy rule, but an appropriate fiscal policy rule as well. Ricardian ... M Woodford 被引量: 1053发表: 1996年 Understanding the Fiscal Theory of the Price Level Provides information on...
Foreign exchange reservespegdeficitfiscal policyThe Hong Kong SAR has consistently pursued a prudent fiscal policy. Substantial fiscal reserves have insulated government funding from the volatility of financiSocial Science Electronic Publishing
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Ecology is a branch of science that deals with the relationship between organisms and their interaction with the environment. Explore the types of ecology and its importance @ BYJU'S.
aDuring 2009 to 2010, the government still implemented an expansionary fiscal policy which leads to a bigger deficit of government budget. 在2009年到2010年期间,政府仍然实施了导致政府预算更大的缺乏的一项扩大性财政政策。[translate] a大包 Large package[translate] ...
An economy consists of many sectors. However, infrastructure is known to be the backbone of any economy. Roads, railways, electricity, and banking services are the very bedrock on which the modern economy grows. Until and unless a nation has robust infrastructure, any other industry will find ...
Net income (loss) flows to retained earnings (deficit) in the shareholders’ equity section of the balance sheet. Another type of multistep income statement prepared by management accountants in a company for internal financial analysis separates direct and indirect expenses or variable and fixed expe...
Knowing the value of something can help one avoid purchasing something that is overvalued while also helping them identify things that are undervalued. Investors can do the same while purchasing stocks. This is made possible with the help of the price-to-book ratio. What is the Price to Book...