Last edited by Daikasa
Monday, October 12, 2020 | History

3 edition of Populist fiscal policy found in the catalog.

Populist fiscal policy

Stuti Khemani

Populist fiscal policy

by Stuti Khemani

  • 165 Want to read
  • 27 Currently reading

Published by World Bank in [Washington, D.C .
Written in English

    Subjects:
  • Fiscal policy,
  • Coalition governments

  • Edition Notes

    StatementStuti Khemani, Waly Wane.
    SeriesPolicy research working paper -- 4762, Policy research working papers (Online) -- 4762.
    ContributionsWane, Waly., World Bank.
    Classifications
    LC ClassificationsHG3881.5.W57
    The Physical Object
    FormatElectronic resource
    ID Numbers
    Open LibraryOL23238033M
    LC Control Number2009655651

      The answer lies in hard-core fiscal reform. Merely instilling the fear of the taxman, to ensure compliance with tax law is not enough. What is vital is to reform tax policy. The more perverse and stringent enforcement of bad fiscal policy cannot achieve what prudent fiscal policy .   Many Western countries pursued deep austerity measures in response to debts from the financial crisis of , and may again do so in the wake of COVID stimulus packages. This column reviews how in the early s, austerity measures worsened social suffering and contributed to political unrest paving the way for the rise of the Nazi Party in Germany.

      A clearer UK example of a populist policy driven by non-populist politicians might be austerity. This was popular, in the sense that most people thought the government ought to tighten its belt because it had maxed out its credit card, but it also did most people a lot of harm. Macroeconomic populism is usually defined as a set of policies aimed at redistributing income by running high fiscal deficits, financed through an expansive monetary policy. 8 The Mechanics of.

      Perhaps fiscal policy at the eurozone level ought not to be run along German lines. It would be better if onerous fiscal rules for nations on borrowing and . Hasenstab describes populist-led fiscal policy as “probably one of the most important political variables we have to look at” when considering investments. Italy’s new coalition government is anti-establishment—and anti-austerity, and it’s promising all sorts of things that the country can’t afford, including tax cuts, basic monthly.


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Populist fiscal policy by Stuti Khemani Download PDF EPUB FB2

Fiscal Policies and Growth in the World Economy has been used successfully in graduate and senior undergraduate courses in international economics and public finance. The objective of this new edition remains the same as before: to treat the major topics in macro and public economics using both traditional and modern approaches.

Cited by: Get this from a library. Populist fiscal policy. [Stuti Khemani; Waly Wane; World Bank.] -- "Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized taxation.

Populist fiscal policy (English) Abstract. Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized by: 8.

The fiscal policy of a government has a direct influence on that country's economy. The government is involved in fiscal policy any time that it makes payments, purchases goods and services, or even collects taxes. Any change in the government's fiscal policy affects the economy as well as individuals.

Political economy explanations for Populist fiscal policy book profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generaCited by: 8.

model of populist fiscal policy the conflict of interest is not only between organized groups of economic elites but also with unorganized groups of poorer voters. The economic elite pay the bulk of taxes under a. and two, the extent of “procedural” dispersal of decision-making authority in budgetary institutions, which is.

Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments consisting of a coalition. This is The Populist Explosion: How the Great Recession Transformed American and European Politics ().

Is he arguing that populism is a response to economic difficulties then. Yes, and specifically the Great Recession. Because Judis’s book, although it has some historical background, is really very much about the last couple of years. The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes.

Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy.

Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour. Download Fiscal Policy And Financial Markets Epub books, This paper introduces fiscal policy in a model of sovereign risk spreads ("spreads").

Using panel data from emerging market countries, we find that reductions in public expenditure are a more powerful tool for. Readers coming to the book looking for an expose on Donald Trump’s place in populism will be disappointed; the shape-shifting reactionary, who at least campaigned as a right-wing populist, and as president at least treats the press as the authors argue populists do, only gets a brief mention as the book appears to have been written early in Reviews:   Skepticism for Obama’s Fiscal Policy.

By Michiko Kakutani. Stiglitz’s new book, “Freefall: America, Free Markets, and the Sinking of the World Economy,” expands these populist. 'Ethno-populism' has emerged and spread in recent decades in response to the mixed consequences of neoliberal globalization. It appropriates nationalist rhetoric for narrow ethnic, religious, cultural or other communal ends, typically with a chauvinist, jingoist rejection of selected Others as.

The Legacy of the s Fiscal Crisis As Christopher Lasch wrote in his book The stern dictums about the necessary limits of political dreams contrasted sharply with the new populist.

“The immorality of those families whose children are burnt alive on motor ways. They have money heaped on them by social welfare institutions and they go and spend it on consumer goods, which the right-thinking regard as sordid. A populist economic policy aims to offer citizens a life beyond their current means.

The costs of this short-term increase in prosperity are inflicted on future generations. They will have to pay public and foreign debt, and bear long-term losses in growth due to a lack of technological progress and structural change.

Alleged ‘macroeconomic populism’ in Latin America has been used to explain its s’ ‘lost decade’ as due to irresponsible fiscal policy. Other factors, such as abuse of the ‘non-system’ after US President Nixon ended the Bretton Woods system, are ignored in this narrative.

Populism refers to a range of political stances that emphasise the idea of "the people" and often juxtapose this group against "the elite".

The term developed in the 19th century and has been applied to various politicians, parties, and movements since that time, although it.

BERLIN and KUALA LUMPUR, Sep 22 (IPS) - ‘Ethno-populism' has emerged and spread in recent decades in response to the mixed consequences of neoliberal globalization.

It appropriates nationalist rhetoric for narrow ethnic, religious, cultural or other communal ends, typically with a chauvinist, jingoist rejection of selected Others as politically expedient.

'Ethno-populism' has emerged and spread in recent decades in response to the mixed consequences of neoliberal globalization. 'Ethno-populism' has emerged and spread in recent decades in response to the mixed consequences of neoliberal globalization.

It appropriates nationalist rhetoric for narrow ethnic, religious, cultural or other communal ends, typically with a chauvinist, jingoist rejection of selected Others as politically expedient. Politics of macroeconomic policy Most elected governments in the world.United States - United States - The Populists: The collapse of the boom and the falling prices of agricultural products forced many farmers to seek relief through political action.

In and again in this discontent was expressed through local political groups, commonly known as Farmers’ Alliances, which quickly spread through parts of the West and in the South, where economic.A recent book by Lance Taylor argues that MMT is just a melange of vintage fiscal ideas of Keynes, Abba Lerner and Wynne Godley, coupled with a Chartalist theory of fiat money.