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Fiscal sustainability

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πŸ“Œ Topics

  • Monetary Policy (1)
  • Fiscal Strategy (1)
  • Economic Recovery (1)
  • Inflation Control (1)

🏷️ Keywords

IMF (1) Β· Japan interest rates (1) Β· Sales tax policy (1) Β· Inflation control (1) Β· Economic recovery (1) Β· Monetary tightening (1) Β· Wage growth (1) Β· Fiscal policy (1)

πŸ“– Key Information

Fiscal sustainability, or public finance sustainability, is the ability of a government to sustain its current spending, tax and other policies in the long run without threatening government solvency or defaulting on some of its liabilities or promised expenditures. There is no consensus among economists on a precise operational definition for fiscal sustainability, rather different studies use their own, often similar, definitions. However, the European Commission defines public finance sustainability as: the ability of a government to sustain its current spending, tax and other policies in the long run without threatening the government's solvency or without defaulting on some of the government's liabilities or promised expenditures.

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πŸ”— Entity Intersection Graph

Economic recovery(1)Sales tax(1)Inflation(1)Consumption tax(1)Monetary policy(1)Japan(1)International Monetary Fund(1)Deflation(1)Interest rate(1)Fiscal policy(1)Fiscal sustainability

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