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FISCAL CAPACITY ANALYSIS OF FOREIGN COUNTRIES WITH THE «FISCAL SPACE DIAMOND»

open access: yesВестник Алтайской академии экономики и права
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Measuring fiscal sustainability in the welfare state: fiscal space as fiscal sustainability

International Economics and Economic Policy, 2019
This study measures the fiscal capacity of welfare states to derive parameters for a sustainable welfare state. To secure fiscal soundness, it is critical to maintain affordable welfare spending by ensuring public capacity. Adapting the concept of fiscal space, defined as the difference between the current level of public debt and the debt limit ...
Hyejin Ko
exaly   +3 more sources

Fiscal space in the COVID-19 pandemic

Applied Economics, 2021
The ‘Great Lockdown’ in response to the COVID-19 pandemic has led to a severe world-wide economic crisis. In the euro area countries sovereign debt-to-GDP ratios are on the rise and reductions in expected fiscal surpluses raise sustainability concerns ...
Patrick Hurtgen
exaly   +2 more sources

The Demand for Military Expenditure in Europe: The Role of Fiscal Space in the Context of a Resurgent Russia

Defence and Peace Economics, 2019
A variant of established work on the demand for military expenditure is developed based on a practical concept of fiscal space from the perspective of short-term government choices concerning public expenditures.
Edward Hunter Christie
exaly   +2 more sources

Prioritization of government expenditure on health in India: A fiscal space perspective

Socio-Economic Planning Sciences, 2019
Unequal distribution of fiscal resources and lower prioritization of budget towards healthcare are the most important challenges in achieving universal health coverage in India.
Deepak Kumar Behera, Umakant Dash
exaly   +2 more sources

A Political Economy of Fiscal Space: Political Structures, Bond Markets, and Monetary Accommodation of Government Spending Potential in the Core and Periphery

Review of Political Economy, 2023
In times of economic crisis, academics, policy-makers, and pundits often debate the correct level and best use of government debt. This paper argues structural political and economic factors grant core economies more fiscal space than peripheral ...
Nina Eichacker
semanticscholar   +1 more source

Climate risks: nexus between green financial policies and fiscal space

Applied Economics Letters, 2023
Aimed at preserving firm-level and macro-financial stability against climate-related physical and transition risks, green financial policies are often viewed as complements to fiscal policies.
Bhavya Gupta, Ruijie Cheng, R. Rajan
semanticscholar   +1 more source

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