(AGENPARL) – mar 28 giugno 2022 Credibility is essential for sound fiscal policies []
(CREDIT: ISTOCK:NUTHAWUT SOMSUK)
Dear Colleague,
Roch looks at the value of credible government commitment to future borrowing plans in the design of fiscal policy.
“Overall, these results are indicative of the quantitative importance of enhancing long-term fiscal discipline to reduce sovereign risk and for the success of fiscal programs aiming at reducing debt levels.”
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Geo-Economic Puzzle: Policymaking in a More Fragmented World
Our June issue focuses on the economic dimensions of the current geopolitical situation, including the war in Ukraine, refugees, and food prices.
Authors include Tharman Shanmugaratnum, Pierre-Olivier Gourinchas, Eswar Prasad, Raj Chetty, Barry Eichengreen, Patricia Clavin, and many others, who examine the rare confluence of geopolitical, economic, and technological forces now confronting the world that may reverberate for generations.
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Nick Owen
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F&D Magazine
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