PPT-Fiscal equalisation in a cross-country perspective: policy

Hansjörg Blöchliger Head OECD Fiscal Federalism Network Berlin 27 June 2014 1 Fiscal equalisation 2 Most countries have explicit or implicit equalisation schemes The overarching objective of equalisation is interregional redistribution. Fiscal equalisation can be viewed as the natural companion to fiscal decentralisation in that it seeks to correct disparities and any imbalances that may result from sub central fiscal autonomy Distinct fiscal equalisation arrangements first emerged Example:. Your role says:. . “. Unemployed software engineer. Happy to be hired again. Celebrates by remodeling his kitchen.. ”. You need to write lines:. “. I am a software engineer with a degree from the University of Michigan. It was tough finding a job this past year, but then Google offered me a great position, earning six figures. I. An . International Perspective. Jeffrey Frankel. Seminar on Macroeconomic . Policy. Harvard Economics Department. April 28, 2015. “Fiscal alchemy”?. Eric . Leeper. had it . backwards:. ". Monetary science, fiscal alchemy" . Changes in federal taxes and purchases . Where does the government spend its money?. Federal Government . Spending, 2010. Fiscal Policy. An Overview of Government Spending and Taxes. The Federal Government’s Share of Total Government Expenditures, . Education in Liberia . January 26, . 2010. Jose . Cuesta. and Ana . Abras. PRM PR . April 25, 2011 . . We measure . EqOpp. , so what?. Diagnostics serve several purposes. :. Understand distribution of opportunities. What is Fiscal Policy?. What is Fiscal Policy Used For?. What is Fiscal Policy?. Changes in government spending and tax collections to achieve: . full employment, . control inflation, and . encourage economic growth.. UEF Secretariat. Federalist Academy, 8-10 July 2016, Brussels. Fiscal . Federalism. INTRODUCTION. What is the fiscal policy?. 1. It . is. about MONEY:. Virtually. . every. . policy. . decision. has fiscal implications!. Hansjörg. Blöchliger. Head, OECD Fiscal Federalism Network. Berlin, 27 June . 2014. 1. Fiscal equalisation. 2. Most . countries . have explicit or implicit equalisation schemes. The overarching objective of equalisation is inter-regional redistribution. and . Secondary Effects. Alternative Views of Fiscal Policy – An Overview. Alternative Views of Fiscal Policy. Keynesians stress the potency of fiscal policy and its use to maintain . AD . at a level consistent with full employment.. and the . Historical . Development of Macroeconomics. The Historical Evolution . of Macroeconomics. The Great Depression . and . Macroeconomics. The Great Depression exerted a huge impact . on macroeconomics. The Macro-Economics of European Economies. MSc in Economic Policy Studies. John FitzGerald, March 2015. Course Outline. How does an economy work? JF . 16-1-2015. The genesis of macroeconomics . AM. 23-1-2015. Chapter 15. Section 1. What is Fiscal Policy?. Fiscal Policy. is the federal government’s use of taxing and spending to keep the economy stable. . -Government spending has a large impact on the economy. Fiscal Policy. Simply put…the Government’s use of taxing and spending to . stimulateor. contract the economy. Background Terms. Deficit… results from an unbalanced budget (12 months). Debt…continues to build…what you owe. which was laid before the Houses of Parliament . on February 14, 2023. . . . Auditor General’s Comments. Auditor General’s Responsibilities. Section 48B (6) of the FAA Act requires the Auditor General to...