Fiscal Monitor, April 2024: Fiscal Policy in the Great Election Year

Fiscal Monitor, April 2024: Fiscal Policy in the Great Election Year
READ MORE...
Volume/Issue: Volume 2024 Issue 001
Publication date: April 2024
ISBN: 9798400255632
$50.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Arabic
Chinese
French
Japanese
Russian
Spanish
Prices in red indicate formats that are not yet available but are forthcoming.
Summary

Even as the global economic outlook is stabilizing, fiscal policy continues to struggle with legacies of high debt and deficits, while facing new challenges. Public finances risks are acute this year as over 80 economies and economic areas are holding elections, amid increased support for high government spending. Financing conditions remain challenging, while spending pressures to address structural challenges are becoming more pressing. Countries should boost long-term growth with a well-designed fiscal policy mix to promote innovation more broadly, including fundamental research, and facilitate technology diffusion. Durable fiscal consolidation efforts are needed to safeguard sustainable public finances and rebuild buffers.