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fiscal policy

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Reports on fiscal policy See all →

A protester wears a shirt calling for “Freedom instead of compulsion”
Report
Scenarios

Restarting economies: Benefits of the bottom-up approach
Henrique Schneider
Henrique Schneider

Restarting an economy is much more difficult and complicated than shutting one down. So far, countries that have used a bottom-up approach, where businesses are allowed to decide for themselves how to meet health requirements, are faring better than those trying to micromanage the reopening from the top down. The latter dulls innovativeness while the former reinvigorates businesses and makes them more agile.

U.S. federal coronavirus funding ($ billions)
Report
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The U.S. mulls more Covid-19 bailouts for states

As parts of the U.S. government wrangle over another round of Covid-19 relief, one of the thorniest issues is whether to offer more aid to states and local governments. What has become clear, however, is that the funds already doled out should have easily covered the shortfalls in tax revenue ...
A cartoon of Angela Merkel and Ursula von der Leyen
Report
Scenarios

The German economic policy agenda for Europe

The German presidency of the European Union is likely to have a mixed legacy. On one hand, the financial packages agreed should be considered a French-German political success. On the other, the fiscal consequences of the new measures will allow the European Union to raise debt on an unprecedented scale, ...
 Dr. Michael Wohlgemuth
Dr. Michael Wohlgemuth
Swiss flag production
Report
Scenarios

A Swiss answer to the Covid-19 crisis: Focus on liquidity

Switzerland devised an ingenious way to throw a lifeline to its enterprises during the pandemic-induced crisis. Its “liquidity facility” targets the core segment of the economy, relies on business owners’ sense of responsibility and does not burden the country’s public finances with intolerable debt.
 Henrique Schneider
Henrique Schneider
Debt-to-GDP ratios in the EU, 2019
Report
Scenarios

The future of public debt

With the Covid-19 crisis pushing debt to record heights in many countries, it is worth wondering how they will ever pay it back. Several solutions have been proposed, from inflating the debt away, to deeply negative interest rates, to debt cancellation. All of these have severe flaws however, and in ...
 Professor Elisabeth Krecké
Professor Elisabeth Krecké
Cartoon by GIS
Report
Scenarios

Relevance beyond the crisis: Fiscal policy’s moment

The Covid-induced economic crisis has led policymakers to put in place large fiscal rescue packages including new spending, tax cuts and subsidies. Governments will now be tempted to spend more to boost the recovery. Soon, however, countries will have to pay for the debts they have rung up. Those that ...
 Adam Michel
Adam Michel

Infographics on fiscal policySee all →

Total health expenditure

Total health expenditure

Report bundles related to fiscal policySee all →

Problems at the European Central Bank
4 reports

Problems at the European Central Bank

Excluding the European Central Bank from the democratic process by law is supposed to protect it from political interference. Yet trouble has long simmered at of the world’s most independent central banks. Gain insight into the mechanics of its latest, most significant crisis with this special offer.
Regular price: 35.80, you save 16.11 in bundle
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19.69 EUR
France’s structural troubles
3 reports

France’s structural troubles

France’s problems, ranging from high unemployment to mediocre economic growth, to huge public debt and a bloated government sector, cast a shadow on its future role as a leading European power. Gain insight on the prospects for reforming the country with our special offer.
Regular price: 26.85, you save 12.08 in bundle
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14.77 EUR
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