## Fiscal Policy’s Evolving Role

_IMF Blog, July 17, 2014_

## Source details

**Canonical URL:** [Fiscal Policy’s Evolving Role](https://www.imf.org/en/blogs/articles/2014/07/17/fiscal-policys-evolving-role)

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- [Markdown version](/en/blogs/articles/2014/07/17/fiscal-policys-evolving-role/index.md)
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## Bibliographic details
- Authors: Carlo Cottarelli, Philip Gerson, Abdelhak Senhadji
- Published: July 17, 2014

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### Context and publication
- Title: Post-Crisis Fiscal Policy
- Editors: Carlo Cottarelli, Philip Gerson and Abdelhak Senhadji
- Landing page date: July 17, 2014
- Context referenced: Global financial crisis of 2008-2009

### Core themes covered in the book (as described)
- A historical view of debt accumulation
- The timing, size, and composition of fiscal stimulus packages in advanced and emerging economies
- The heated debate surrounding the size of fiscal multipliers and the effectiveness of fiscal policy as a countercyclical tool
- Additional topics reflecting how the global financial crisis has reshaped understanding of the role of fiscal policy

### Intended audience and related materials
- The book is written for a wide audience
- A webcast of the book launch hosted by the Peterson Institute for International Economics was held on July 14

*Source: IMF blog page "Fiscal Policy’s Evolving Role" (July 17, 2014).*

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_Source: https://www.imf.org/en/blogs/articles/2014/07/17/fiscal-policys-evolving-role_
