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In an environment of tepid growth and persistent downside risks, finding ways to enhance fiscal policy's ability to smooth the effect of shocks to economic activity is high on the policy agenda. Fiscal policy has often been used to reduce output volatility. As is clear from the evidence gathered in this Fiscal Monitor, fiscal policy has served this purpose for 30 years.

Produktbeschreibung
In an environment of tepid growth and persistent downside risks, finding ways to enhance fiscal policy's ability to smooth the effect of shocks to economic activity is high on the policy agenda. Fiscal policy has often been used to reduce output volatility. As is clear from the evidence gathered in this Fiscal Monitor, fiscal policy has served this purpose for 30 years.
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Autorenporträt
The International Monetary Fund (IMF) is an international organization of 185 Member Countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries in order to help ease balance of payments adjustments.