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What is Fiscal policy

Chapter 7
Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
General policy design of government’s revenue and spending policies. Taxation is the main revenue source of government. To achieve low inflation, low unemployment and sustainable development, government decides revenue and spending policies, i.e. fiscal policies.
Published in Chapter:
Fiscal Harmonization or Fiscal Union in Eurozone?
Durmuş Çağrı Yıldırım (Namık Kemal University, Turkey), Seyfettin Erdoğan (İstanbul Medeniyet University, Turkey), and Ayfer Gedikli (İstanbul Medeniyet University, Turkey)
Copyright: © 2015 |Pages: 11
DOI: 10.4018/978-1-4666-7288-8.ch007
Abstract
The aftermath of the financial crisis and following debt crisis that the European Monetary Union faced in 2008 required re-examining the architecture of the Euro area and a cost/benefit assessment of the monetary union. When one examines the causes of the crises, one sees that EMU's financial architecture stands out. Although there is a common monetary policy application authority within EMU, local economies can carry on with their own autonomous fiscal policies without any effective control mechanisms. Problems with structures caused arguments about EMU's architecture. It is clear that there is a need for changes in EMU's architecture in short term for euro to survive. The objective of this chapter is to present some suggestions to the policy makers and to point out the problems with the architecture and mechanisms needed to be brought into being in order EMU to survive with the ongoing crisis.
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Chapter 20
Monetary and Fiscal Policy Interactions: An Empirical Evidence from Turkey
Government’s policy relating to levels of spending and taxation.
Published in Chapter: Monetary and Fiscal Policy Interactions: An Empirical Evidence from Turkey; From: Handbook of Research on Public Finance in Europe and the MENA Region
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Chapter 14
Stock Market Responses to Monetary and Fiscal Policies: Case Studing China, India, Indonesia, and Malaysia
It refers to the policies implemented by government to provide that the economy reaches full employment, to minimize economic fluctuations, and to create a fair distrubition of income and wealth by using fiscal policy instruments such as government expenditures, taxes.
Published in Chapter: Stock Market Responses to Monetary and Fiscal Policies: Case Studing China, India, Indonesia, and Malaysia; From: Handbook of Research on Current Trends in Asian Economics, Business, and Administration
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Chapter 28
The Effects of Corporate Tax Rate on the Firm Performance
Fiscal policy refers to the use of government expenditures and tax policies to increase economic growth, reduce income inequality, and ensure economic stability.
Published in Chapter: The Effects of Corporate Tax Rate on the Firm Performance; From: Handbook of Research on Strategic Fit and Design in Business Ecosystems
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Chapter 14
The Impact of Budget and Fiscal Policy on Entrepreneurial Activity and Country's Competitiveness: The Case of Ukraine
A set of measures by which the state influences the economy through the structure of tax revenues to the state budget, directions in public expenditure and methods of attracting the borrowed funds.
Published in Chapter: The Impact of Budget and Fiscal Policy on Entrepreneurial Activity and Country's Competitiveness: The Case of Ukraine; From: Global Trends of Modernization in Budgeting and Finance
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Chapter 12
Crowding-Out Effect in the European Union and Candidate Country Turkey: Panel Causality Analysis
The policies that the government pursues to response economic fluctuations with the fiscal tools which are hold only by the government such as taxation, debt policy and government expenditures.
Published in Chapter: Crowding-Out Effect in the European Union and Candidate Country Turkey: Panel Causality Analysis; From: Handbook of Research on Global Enterprise Operations and Opportunities
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Chapter 1
The Macroeconomic Impacts of E-Business on the Economy
The policy involving government spending and taxation, designed to influence the level of aggregate economic activity.
Published in Chapter: The Macroeconomic Impacts of E-Business on the Economy; From: Encyclopedia of E-Business Development and Management in the Global Economy
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Chapter 18
After The Global Crisis, Is It Globalization or Globalonelization?
General policy design of government’s revenue and spending policies. Taxation is the main revenue source of government. To achieve low inflation, low unemployment and sustainable development, government decides revenue and spending policies, i.e. fiscal policies.
Published in Chapter: After The Global Crisis, Is It Globalization or Globalonelization?; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
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Chapter 18
Macroeconomic Policy in Cuba: History, Problems, and the Agenda for the Future
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Chapter 8
Economic Measures for Mitigation of the Consequences of COVID-19: Evidence From Serbia
Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions, including aggregate demand for goods and services, employment, inflation, and economic growth.
Published in Chapter: Economic Measures for Mitigation of the Consequences of COVID-19: Evidence From Serbia; From: The Transformation of Global Trade in a New World
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Chapter 2
Development of a Methodology for Educational Management Entailing Government, Economic Sectors, and Educational Institutions for Sustainable Development
Describes changes to government spending and revenue behavior in an effort to influence the economy. By adjusting its level of spending and tax revenue, the government can affect economic outcomes by either increasing or decreasing economic activity.
Published in Chapter: Development of a Methodology for Educational Management Entailing Government, Economic Sectors, and Educational Institutions for Sustainable Development; From: Crafting a Sustainable Future Through Education and Sustainable Development
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Chapter 6
Domestic Policies for Sustainable and Economic Development in Countries With Emerging Economies: A Case Study of Mexico
Describes changes to government spending and revenue behavior to influence the economy. By adjusting its level of spending and tax revenue, the government can affect economic outcomes by either increasing or decreasing economic activity.
Published in Chapter: Domestic Policies for Sustainable and Economic Development in Countries With Emerging Economies: A Case Study of Mexico; From: Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies
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Chapter 9
A Discussion on Fiscal Policies Implemented in EU During and After the Great Recession
Implementation of tax policies, government spending, and borrowing in order to affect macroeconomic determinants including inflation, employment, economic growth, or aggregate demand.
Published in Chapter: A Discussion on Fiscal Policies Implemented in EU During and After the Great Recession; From: Global Challenges in Public Finance and International Relations
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Chapter 14
Fiscal Policy and Social Optimization for Developing Nations: Some Thoughts in the Digital Era
Type of economic policy related to public spending and taxes to maintain financial stability, cushion economic cycles, and generate economic growth and employment.
Published in Chapter: Fiscal Policy and Social Optimization for Developing Nations: Some Thoughts in the Digital Era; From: Handbook of Research on Social and Organizational Dynamics in the Digital Era
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