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fiscal policy |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Fiscal policy Government spending and taxing for the specific purpose of stabilizing the economy.
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We should prioritise stimulative fiscal policies," Aso, 67, said last month when he became the LDP's secretary general. Most notably, tolls were tapped to help finance the $15 billion Big Dig, which, along with shortsighted fiscal policies, now threatens the authority's solvency. For the European economies who have pursued an ambitious consolidation of fiscal policies during the past three years - now they have the possibilities of letting their automatic stabilisers play their role," Almunia said. |
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