No policy prescriptions follow from these three tenets alone ... Rather than seeing unbalanced government budgets as wrong, Keynes advocated so-called countercyclical fiscal policies that act against ...

Budget 2025 in India continued its planned consolidation with a deficit target of 4.4% of GDP despite calls for ...

In contrast, fiscal policy measures, such as infrastructure spending or tax reforms, can have broader and longer-term implications for economic growth and development. On counter-cyclical fiscal ...

This is an appeal to the subscribers, contributors, advertisers and well-wishers of Economic and Political Weekly (EPW), published by Sameeksha Trust, a public charitable trust registered with the ...

The gains came from a combination of growth in demand and worked rates. Countercyclical practices including labor & employment and bankruptcy are slowing down, adding to the importance of a strong ...

However, in the above mentioned paper I show not only the asymmetric nature of business cycles, but also that counter-cyclical fiscal policy is only effective provided the level of debt to GDP is ...

However, the report cautioned that a strong period of demand for countercyclical practices—which propped up firms' performance during a slowdown in transactional work—may be coming to a close.

China, with more forceful countercyclical adjustments in mind, will steer toward "very proactive" fiscal policy this year — including increasing the deficit-to-GDP ratio and issuing larger-scale ...

Illueca, Manuel, Lars Norden, Joseph Pacelli, and Gregory F. Udell. "Countercyclical Prudential Buffers and Bank Risk-taking." Art. 100961. Journal of Financial Intermediation 51 (July 2022).