Fiscal Monitor, April 2015 : Now Is the Time: Fiscal Policies for Sustainable Growth

Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

April 15, 2015

Electronic Access:

Link to Table of Contents

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Summary:

Fiscal risks remain significant in both advanced and emerging market and developing economies. Fiscal policy continues to play an essential role in building confidence and, where appropriate, sustaining aggregate demand. According to this issue of the Fiscal Monitor, strengthening fiscal frameworks—particularly to manage public finance risks and ensure debt sustainability—must be part of the fiscal policy response. Countries should seize the moment created by lower oil prices to start the process of energy taxation and energy subsidy reform. Finally, fiscal policy can contribute substantially to macroeconomic stability, through the workings of automatic stabilizers. By doing so, fiscal policy can also unlock significant growth dividends.

Series:

Fiscal Monitor

Subject:

Notes:

Executive summaries also available in Arabic, Chinese, French, Japanese, Russian, and Spanish

Frequency:

Biannually

English

Publication Date:

April 15, 2015

ISBN/ISSN:

9781498396387/2219-276X

Stock No:

FMOEA2015001

Price:

$41.00 (Academic Rate:$35.00)

Format:

Paper

Pages:

110

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