Tuesday , January 25 2022
Home / Tag Archives: fiscal policy

Tag Archives: fiscal policy

An Accommodative Fiscal Stance Is Crucial for India

by Lekha Chakraborty and Harikrishnan S. Omicron is a reminder that the COVID-19 pandemic is still not over. This ongoing health crisis should act as a trigger for greater investments in public health in India. Public spending on health by the union government is still below 1 percent of GDP, though the estimate has increased from 0.2 percent of GDP in 2020–21 (revised estimates) to 0.4 percent of GDP in 2021–22 (budget estimates). Strengthening investments in the healthcare sector is...

Read More »

On a book by ECB’s economists

An ECB’s Staff Narrative of Two Decades of European Central Banking: a critical review Working Paper n.866 Dicembre 2021Sergio Cesaratto DEPS, USiena Abstract Monetary Policy in Times of Crisis (Rostagno et al. 2021) has three relevant features. The first is its criticism of the absence of an adequate European fiscal policy during the financial crisis. This left the ECB on its own. The second feature concerns the...

Read More »

Are Concerns over Growing Federal Government Debt Misplaced?

L. Randall Wray | November 10, 2021 If the global financial crisis (GFC) of the mid-to-late 2000s and the COVID crisis of the past couple of years have taught us anything, it is that Uncle Sam cannot run out of money. During the GFC, the Federal Reserve lent and spent over $29 trillion to bail out the world’s financial system,[1] and then trillions more in various rounds of “unconventional” monetary policy known as quantitative easing.[2] During the COVID crisis, the...

Read More »

Is Climate Change a Fiscal or Monetary Policy Challenge?

Lekha Chakraborty(Professor, NIPFP, and Member of Governing Board, International Institute of Public Finance, Munich) Climate change is about risks and uncertainty. How well the monetary policy stance can incorporate such risks and uncertainties is questioned by many economists. There is a broad consensus among economists that fiscal policy is capable of dealing with the climate crisis but monetary policy is not, due to the latter’s lack of tools. It is widely acknowledged that public...

Read More »

Green party’s housing platform

With Canadians headed to the polls next week, I’ve written a 650-word overview of the Green Party’s housing platform. Here’s the link: https://nickfalvo.ca/ten-things-to-know-about-the-green-partys-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of Social Policy/Revue canadienne de...

Read More »

The bloc québécois’ housing platform

With Canadians heading to the polls in a federal election this month, I’ve written a 600-word overview of the Bloc Québécois’ housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-bloc-quebecois-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...

Read More »

Liberal party’s housing platform

With a federal election taking place in Canada in fewer than three weeks, I’ve written a 950-word overview of the Liberal Party’s housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-liberal-partys-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...

Read More »

the federal Conservatives’ housing platform

With a federal election taking place in Canada on September 20, I’ve written an 800-word overview of the Conservatives’ housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-federal-conservatives-housing-platform Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...

Read More »

the federal NDP’s housing platform

With a federal election taking place in Canada on September 20, the NDP has released its platform, which includes important housing-related measures. I’ve written a ‘top 10’ overview of the housing components of the platform. My overview is available here: https://nickfalvo.ca/ten-things-to-know-about-the-federal-ndps-housing-platform/. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University...

Read More »