Fiscal Rules: Anchors of Stability

Fiscal Rules: Anchors of Stability

We believe that fiscal rules help to consolidate budgets in the post-Corona period. Fiscal rules reduce fiscal deficits and debt-to-GDP ratios, promote economic growth, mitigate room for fiscal manipulation and encourage politicians to prioritize individual policies.

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Bibliographische Detailangaben
Veröffentlicht in:The Economists' voice 2022-08, Vol.19 (1), p.59-62
Hauptverfasser: Potrafke, Niklas, Schaltegger, Christoph A.
Format: Artikel
Sprache:eng
Schlagworte:
fiscal consolidation
fiscal rules
post-Corona period
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Beschreibung
Zusammenfassung:We believe that fiscal rules help to consolidate budgets in the post-Corona period. Fiscal rules reduce fiscal deficits and debt-to-GDP ratios, promote economic growth, mitigate room for fiscal manipulation and encourage politicians to prioritize individual policies.
ISSN:1553-3832
1553-3832
DOI:10.1515/ev-2021-0010