The Economics Focus page in this week’s Economist lays out the strengths and limitations of formal fiscal rules: available here.
The Economics Focus page in this week’s Economist lays out the strengths and limitations of formal fiscal rules: available here.
One reply on “Fiscal Rules”
‘Whether trimming a debt burden or preserving a surplus, politicians often do best by tying their hands.’
+ dividend and bonus incentivised bankers.
Anyone got a rope?