fiscal capacity

USAGE SUMMARY

The phrase "fiscal capacity" is correct and usable in written English.
It can be used in discussions related to government finance, economic policy, or the ability of an entity to manage its financial resources. Example: "The government's fiscal capacity will determine its ability to respond to economic crises and invest in public services."

✓ Grammatically correct

Science

News & Media

Academia

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Land commodification has not weakened the power of the state but instead strengthened the fiscal capacity of local governments to contest with changes in central-local fiscal relations made in the 1994 "tax sharing system".

Applied Geography

What is our fiscal capacity?

University of California, Berkeley

An economic downturn could reduce states' fiscal capacity.

The New York Times

Consolidation, Budget Surpluses, and the Decline of Fiscal Capacity," Politics & Society 43 (1), 119-148, 2015.

Harvard University

In contrast, states' fiscal capacity and economic inequality became more important after 2000.

Harvard University

But a limited sharing of fiscal capacity would still leave Scotland vulnerable to economic reverses.

The Economist

It argues that, for the euro area, "an appropriate fiscal capacity should be explored".

The New York Times

Some fear he wants to use the "fiscal capacity" to demand cuts in the EU budget.

The Economist

This is a big number, but the region has the fiscal capacity to backstop both banks and these countries.

The Guardian - Business

What explains variation in fiscal capacity over time and across sub-national units within the same country?

Columbia University

In this dissertation, I argue that incumbent political elites, anticipating the redistributive consequences of democratization, can hollow out fiscal capacity.

Columbia University

Expert writing Tips

Best practice

When discussing a government's ability to fund long-term projects, use "fiscal capacity" to highlight its sustained financial power rather than just immediate funds.

Common error

Avoid using "financial capacity" interchangeably with "fiscal capacity" in contexts where government budgeting or taxation are specifically relevant. "Fiscal capacity" carries a connotation of public finance management.

Linguistic Context

The phrase "fiscal capacity" functions as a noun phrase, typically acting as the subject or object in a sentence. It refers to the ability of a government or organization to generate revenue and manage its finances, as demonstrated by Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

30%

Academia

25%

Science

20%

Less common in

Formal & Business

15%

Wiki

10%

Reference

0%

Ludwig's WRAP-UP

In summary, "fiscal capacity" is a noun phrase denoting the financial strength of an entity, especially a government, to manage its finances effectively. Ludwig AI confirms it's grammatically correct and commonly used across various domains, including news, academia, and science. It is used in professional and formal contexts and is most often utilized to discuss economic policy, budgeting, and resource management. While alternatives like "financial resources" or "economic wherewithal" exist, "fiscal capacity" carries a specific connotation of public finance and governmental capability, as illustrated in the numerous examples provided by Ludwig.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Available funding

Simply refers to the amount of money accessible for specific purposes.

Financial resources

Focuses more broadly on available money without explicitly linking it to governmental or organizational budgeting.

Debt capacity

Focuses specifically on how much debt an entity can reasonably manage.

Budgetary strength

Emphasizes the robustness and stability of a budget rather than overall capacity.

Spending power

Highlights the ability to purchase goods and services. It refers to the amount of money that an entity is able to spend.

Revenue generating capability

Highlights the ability to produce income, a key component of fiscal health.

Financial viability

Refers to the ability of an entity to sustain its financial operations over the long term.

Economic wherewithal

Indicates general economic means and preparedness, which is less specific than fiscal terms.

Resource availability

Refers to the presence and accessibility of the resources needed for a project or activity.

Tax base

Refers to the total value of assets and income within a jurisdiction that are subject to taxation.

FAQs

How is "fiscal capacity" used in discussions about government finance?

In discussions about government finance, "fiscal capacity" refers to the government's ability to raise revenue and manage its budget effectively to meet its financial obligations and fund public services. It's related to "budgetary strength".

What are some alternatives to "fiscal capacity"?

Depending on the context, alternatives to "fiscal capacity" include "financial resources", "revenue generating capability", or "economic wherewithal". Each emphasizes a slightly different aspect of financial capability.

How does "fiscal capacity" relate to a country's economic stability?

A country's "fiscal capacity" is a key indicator of its economic stability. Higher "fiscal capacity" generally implies that the government is better equipped to handle economic downturns, invest in infrastructure, and provide social services.

In what situations would "fiscal capacity" be a crucial consideration?

"Fiscal capacity" becomes crucial when governments are considering new policy initiatives, responding to economic crises, or planning long-term infrastructure projects. A thorough understanding of "fiscal capacity" is essential for sustainable and responsible financial management.