Exact(1)
This paper outlines the theoretical foundations of fiscal transfers in conservation policies and also offers a concise account of existing international experience and future prospects.
Similar(59)
"This weakens the foundation of fiscal responsibility and self-discipline".
While the Maastricht Treaty of 1992 requires austerity and cost-containment as the policy foundation of fiscal integration, the debate around how the austerity plans have been implemented in the post-crisis era, since 2010, continues to be a central question around the viability of EU integration policy.
Nevertheless, various econometric exercises demonstrate that the introduction of fiscal rules does significantly change the behaviour of fiscal policy.
And now eight years later, the foundation of that fiscal irresponsibility, combined with an anything goes economic policy, has taken us to where we are today.
To be able to sell 10-year bonds at reasonable interest rates, a government must convince investors that it has laid the foundation for a decade of fiscal responsibility and solid economic growth.
First, intentions can be respectable without being clearheaded, and the foundations of the current austerity policy, combined with the rigidities of Europe's monetary union (in the absence of fiscal union), have hardly been a model of cogency and sagacity.
In a very public show of philanthropic muscle in Pittsburgh last July, three foundations held a news conference to announce their withdrawal of support for that city's school system, accusing it of fiscal mismanagement.
Macroeconomic Effects of Fiscal Consolidation".
The costs of fiscal laxity were low.
It was a season of fiscal perestroika.
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