Search results
Results from the WOW.Com Content Network
Many public policy experts prefer the notion of "vertical fiscal asymmetry" —coined and conceptualised by Sharma (2011) [5] —over its alternative "vertical fiscal imbalance" because the former is relatively neutral [6] [7] and highlights the unfeasibility of a balance or symmetry purporting to eliminate any kind of vertical fiscal asymmetry ...
Fiscal space is the flexibility of a government in its spending choices, and, more generally, to the financial well-being of a government. [1] Peter Heller (2005) defined it “as room in a government’s budget that allows it to provide resources for a desired purpose without jeopardizing the sustainability of its financial position or the stability of the economy.” [2]
To quantify the fiscal burden and to draw comparisons of different countries, the concept of "fiscal burden of government ratio" is used. Calculated according to certain methodologies, it basically means that the lower the score, the lower the involvement of the government in the economics of the country.
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. [1] Within academic settings, public finance is a widely studied subject in many branches of political science , political economy and public economics .
Fiscalism is a term sometimes used to refer the economic theory that the government should rely on fiscal policy as the main instrument of macroeconomic policy. Fiscalism in this sense is contrasted with monetarism, [1] which is associated with reliance on monetary policy. Fiscalists reject monetarism in a non-convertible floating rate system ...
But that year-end legislative battle may foretell further fiscal chaos in 2025, including the risk of another downgrade of US debt. Donald Trump will take office on Jan. 20 with his fellow ...
Fiscal agent, a proxy that manages fiscal matters on behalf of another party; Fiscal illusion, a public choice theory of government expenditure; Fiscal space, the flexibility of a government in its spending choices; Fiscal sponsorship, when non-profit organizations offer their legal and tax-exempt status to groups
Any financial statements you receive from April 1 to June 30 are for Q2 of the fiscal quarter system. For companies on a calendar quarter, Q2 brings the all-important tax deadline for the prior ...