This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several ...

The Eurogroup welcomes the political agreement, which was reached in February 2024 on a comprehensive reform of the EU's economic governance framework and looks forward to its timely adoption by the ...

In an environment of ballooning spending and budget deficits expected for at least a decade, some of Australia’s best-known economists are calling for a review of the charter of budget honesty. Let’s ...

A proposed new policy to govern Guernsey's public finances have been labelled "useless" by a member of the Scrutiny Management Committee. Non-States member Mark Le Page said the policy risked ...

Different measures and methodologies can sometimes lead to conflicting conclusions about how tax dollars are flowing through the broader macroeconomic landscape. U.S. fiscal policy over the last three ...

This paper analyzes Liechtenstein's fiscal framework, highlighting its successful consolidation following the global financial crisis. The study examines the budget balance rule that anchors fiscal ...

Monetary policy seeks to control the economy by manipulating the money supply and interest rates. Fiscal policy is designed to achieve the same end using targeted taxes and spending. The Achilles' ...

FULL LIST: Import Duty cuts in Nigeria’s 2026 Fiscal Policy The Federal Government of Nigeria has approved a revised 2026 fiscal policy framework that significantly reduces import duties on key goods, ...