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 ...

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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 ...

It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like ...

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 ...

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 ...

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 ...