What is India's current fiscal policy for 2014?FIscal Policy:Fiscal policy refers to the changes made by the government in the economy that affects the economic growth of the country. These changes could be an ?
Fiscal Policy: Fiscal policy is the policy carried out by the government through the spending and revenue decisions in the government's budget. Answer and Explanation:1 There are two types of fiscal policies: discretionary fiscal policy and automatic fiscal policy (also known as non-discretional fi...
McConnell’s opposition to the nominees puts him largely in a party of one. It’s a stance the 82-year-old veteran lawmaker is able to maintain now that his Senate leadership career is over, and his current term is likely his last. “He has expressed the fact that he is going to ...
The exchange value of the Rupee is weak and if the government pursued this step, the worth of India’s national currency could depreciate further. The current account deficit is already in excess of 3 percent of the GDP and if this decision is implemented then the situation will become graver...
The findings indicate that oil, natural gas, and coal price shocks have a positive impact on the current account balances of energy exporting countries and a negative impact on those of energy importing countries. This effect is more pronounced in countries with a higher level of energy ...
Because of this, investors will be nervously waiting for the actual election results. Populism’s Threat to the Economy With competitive populism aggressively being pursued by both the mainstream parties—BJP and Congress—the question to ask is: Will India be able to meet its fiscal targets, ...
In the wake of the financial crisis in 2008, consumer demand collapsed, and GDP shrunk by 5%. The Federal government increased spending and tax receipts plunged, which resulted in a budget deficit of 10% of GDP. Despite this historic level of fiscal stimulus, personal income is actually 4% ...
A fourth phase, digital money, is on the horizon. This includes private digital assets (e.g. bitcoin and stablecoins) and public digital currencies (e.g. central bank digital currencies) that can change how we do banking, and what economic tools policymakers have in terms of fiscal and mon...
In the last bi-monthly monetary policy change, RBI has kept the repo rates unchanged for the third time. This comes after eight straight cuts in the rates since February 2019, in the government’s attempt to stabilise the fiscal deficit and promote econo
How secure is the global financial system, a decade after the crisis? Great strides have been made since 2008 to prevent a recurrence of the financial crisis and recession that followed. Yet there is more debt than ever in the global financial system. The road to re...