Vitor Gaspar, director of the International Monetary Fund (IMF) Fiscal Affairs Department, speaks during an interview with Xinhua News Agency in Washington D.C., theUnited States, April 19, 2017. Fiscal policy has a bigger role to play in promoting more sustainable and inclusive growth in China...
Fiscal policy will remain the key driver of China's economic rebound, focusing on supporting the real economy as monetary policy becomes more cautious, said analysts. The amount of tax cut in the first three months was 341.1 billion yuan ($50.75 billion) more than that in the same period la...
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She said that the issuance of special-purpose local government bonds, a key funding source of infrastructure investment that is usually not included in fiscal deficit, will likely be of similar scale as this year — about 3.8 trillion yuan to 4 trillion yuan. ...
The Ministry of Finance will moderately step up proactive fiscal policy adjustments this year while improving fiscal governance efficiency and effectiveness in order to expand domestic demand and boost economic recovery momentum.
Fiscal foresightAgents’ expectationsBVARIn this paper we investigate the effect of a "news-based" policy shock on consumption and investments. To this aim, we construct a new measure of poliFantozzi, DanielaMuscarnera, AlessioSocial Science Electronic Publishing...
The government will step up efforts to ensure delivery of the state financing guaranty fund, targeting at 140 billion yuan of loans for about 150,000 small and micro firms each year. Solid implementation is urged of the re-lending policy targeting small businesses. Commercial banks will also be...
Talking about the prospect, Zhao said, if the spread of coronavirus starts to decline, as has seen in China, people would expect some recovery and stabilization in the financial markets, especially after investors start to see coordinated fiscal and monetary policy easing among G20 countries. ...
Budget Rules and Fiscal Policy: Ten Lessons from Theory and Evidence There has been considerable research and discussion over the years about the potential role of fiscal rules in supporting better economic outcomes; the des... AJ Auerbach - 《German Economic Review》 被引量: 14发表: 2014年 ...