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The financial crisis and economic downturn are going to weigh on fiscal positions in OECD countries over the short to medium-term, both through the operation of automatic stabilisers and the enactment of discretionary fiscal stimulus packages. However, the strategic policy options facing OECD...
Persistent link: https://www.econbiz.de/10012446857
Tax receipts surged between 2005 and 2007 in many OECD countries, resulting in significant improvements in headline … fiscal positions. As a consequence, pressures for tax cuts and for public spending increases have emerged. In the past …
Persistent link: https://www.econbiz.de/10012446934