Under the CRFB August Adjusted Baseline, debt will reach 120% of Gross Domestic Product (GDP) and deficits will rise to $2.6 ...

Budget 2025 saw the federal government use public investment to boost growth amid a trade war, but this strategy poses fiscal ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures. Global public debt is high, and rising. It ...

Fiscal policy is central to development. It can support macroeconomic stability, foster growth, and help reduce poverty. Taxes fund essential services, while public spending builds human capital and ...

In simple terms, fiscal policy is about government (especially federal) spending, tax policy, and government financing (deficits). With a presidential election on tap, small business owners will pay ...

Fiscal management in Georgia is sound, underpinned by robust public finance systems and fiscal rules, but risks remain, particularly from state-owned enterprises (SOEs), according to the World Bank ...