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Fiscal in sentence

6883 examples of Fiscal in a sentence

Europe persistently undershoots its growth targets because European policymakers persistently underestimate fiscal multipliers, pursuing austerity instead.
Their successes and failures are more germane to current discussions than, say, the fiscal implications of Scottish independence.
Moreover, it is vital to strengthen China’s fiscal positionby mobilizing additional revenues and ensuring that local governments have adequate financing to meet their rising expenditure responsibilities.
It is widely assumed that monetary policy is a spent force in the US and Europe, and that fiscal stimulus and expansion – for example, via tax cuts and infrastructure spending – must take over.
But this requires stable political systems that can sustain long-term fiscal strategies.
But fiscal expansion is likely to meet resistance from monetary policy, as the Fed resumes its “normalization” of interest rates.
In 2010, growth reached an impressive 7.5% clip, as highly expansionary fiscal and monetary policies, implemented in response to the global financial crisis, lifted the economy out of harm’s way.
But EU member states, facing their own fiscal constraints, have shown no willingness to consider additional bilateral aid.
Moreover, fiscal pressures notwithstanding, it seems highly regressive, if not downright perverse, to place the greatest financial burden on those in the poorest health (and who presumably are the target of such social programs).
Merkel would prefer a small common fund to help member-state governments enact difficult reforms, not a Keynesian fiscal stabilizer.
And while Macron envisions a finance minister who would be a political counterpart to European Central Bank President Mario Draghi, Merkel would prefer that the role be limited to enforcing national fiscal discipline.
These include deeper financial-market integration; an easier process for writing down bank and government debts; greater fiscal flexibility; and more balanced economic-adjustment mechanisms.
Moreover, the impact of automatic stabilizers – which enable the government to mobilize more or less fiscal resources, depending on economic conditions – is more powerful in Western Europe than in most of the Anglo-Saxon countries.
Indeed, just as a national fiscal stimulus is less efficient than a coordinated effort, strengthening financial regulations without combating the laxity that prevails elsewhere makes no sense in a globalized world.
The global economy is improving, but the aftermath of the financial crisis has left behind a mountain of government debt, leaving governments less able to rely on fiscal policy to respond to any new crisis.
This would include coordinated monetary and fiscal policies across the G20 countries; renewed efforts to expand world trade; new national agendas addressing inequality and promoting social mobility; and a laser-like focus on science, technology, and innovation as the key to future growth.
But short-term stimulus measures, such as tax cuts and higher fiscal deficits, will be needed to minimize growth disruptions.
Moreover, the fiscal austerity they prescribe delays economic recovery.
Countries can rejoin, and do so credibly, when the fiscal, regulatory, and political prerequisites are in place.
On the fiscal side, Germany had started by insisting on bolstering sanctions.
The new paper opens a different path: it suggests revising and harmonizing national accounting, in order to gauge better the vulnerability of eurozone members’ public finances; ensuring that banks’ creditors, rather than governments, pay when crisis strikes; decentralizing fiscal discipline by requiring each country to adopt a constitutional rule on the stability of the debt ratio; and curbing countries’ contingent liabilities by adjusting pension systems to demographic ageing.
But in the case of economic policy, one thing is clear: fiscal policy will be loosened.
But the direction of the policy shift – from monetary to fiscal stimulus – makes sense.
Across the developed economies, the prevailing policy mix for the last six years – fiscal tightening and ultra-easy monetary conditions – has resulted in mediocre income growth but big wealth increases for the already rich.
If Trump’s fiscal stimulus provokes a policy rethink elsewhere, some benefit will result.
“Let’s make the poor pay” is his fiscal order of the day.
Mindful of a long history of failed attempts at economic “shock therapy,” Macri decided to fix the fiscal mess he inherited only gradually.
The result is that the fiscal deficit has fallen, but still hovers at 5.5% of GDP.
Critics claim that the fiscal adjustment was too slow for comfort, yet markets seem unconcerned that in neighboring Brazil the headline budget gap is 8% of GDP.
In Argentina, gradual fiscal adjustment seemed like a plausible strategy until US interest rates spiked and the dollar surged.
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