Fiscal Policy

What Does Fiscal Policy Mean?
Government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates and government spending, in an effort to control the economy.

Investopedia explains Fiscal Policy
Since the 1980s, most western countries have held a "tight" policy, limiting public expenditure.

Filed Under: Economics, Financial Theory

Related Terms

Equity-Efficiency Tradeoff
Fiscal Capacity
Fiscal Deficit
Fiscal Imbalance
Interest Rates
Macroeconomics
Monetary Policy
Pump Priming
Reflation
Ricardian Equivalence
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