Fiscal Essay Topics

Effectiveness of Alternative Fiscal Responses to the Recent Global Recession

There is no consensus among economist as to why estimates of fiscal multipliers are less reliable guides to the effectiveness of alternative fiscal responses to the recent global recession. At the onset, Baldwin (2009) asserts that there is yet no solution to stop the global economic crises. However, everyone agrees that fiscal stimulus plays a… View Article

Food security

All efforts to bridge the gap between government estimates and the Sonia Gandhi-led National Advisory Council over the Food Security Act are coming up against a central concern posed by the Congress chief: How can the selection criteria ensure the poor and deserving don’t get left out? NAC members who interact with the government point… View Article

Foreign exchange market

Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. The official goals usually include relatively stable prices and low unemployment. Monetary theory provides insight into how to craft optimal monetary policy…. View Article

Economic Topics

Discuss how the government can use discretionary fiscal policy and automatic stabilisers to stabilise fluctuations in real GDP. What tools does the government have at its discretion to stabilise the economy? Suppose the government decides to decrease income taxes. Show in a diagram and explain how this policy will lead to an increase in real… View Article