When an elected leader turns autocratic, the economy tends to suffer. That’s because, in a functioning democracy, economic policy is made jointly, with lawmakers playing a key role.
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Articles on Fiscal policy
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South Africa’s President, Cyril Ramaphosa, needs to quickly address key challenges to restart the economy.
Politics podcast: Michael Keating on a Fair Share
The Conversation54.4 MB (download)
Keating told The Conversation that taxation revenue will need to rise by another 3 percentage points of GDP in the next three decades.
Australia’s Charter of Budget Honesty could be easily adopted by Canada. Such a charter can include suggestions for constraints and rules that encourage fiscal discipline.
South Africa should look towards inclusive growth to push back the growing levels of poverty within the population.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
What the Labour Party manifesto says about tax and spending – and whether or not it is viable.
Where now for one of the great emblems of post-World War II global co-operation?
Because the budget is a very difficult means of carrying out targeted fiscal policy, it’s become more important as a centrepiece for the government’s economic strategy.
Analysis shows that rising inequality over the past 20 years makes it harder to increase taxes and makes citizens less willing to pay them.
A zero rate for business could actually be a progressive move and would reflect the anti-bureaucratic spirit of Brexit.
Athens can celebrate two consecutive quarters of growth. Berlin must stomach some weakness. Everyone should remember cheap money isn’t free money.
Trump’s trickle-down economic ideas to cut taxes and invest in infrastructure may not go to plan. So it’s not the type of fiscal policy leadership the world needs.
The central bank’s governor is locked into a white-hot political spat, but what can he actually do in the next two and a half years?
While Australia faces its greatest economic challenges in a generation, we are still waiting for the greatest economic reformers in a generation to arrive.
In the battle against slow economic growth, perhaps the government and Reserve Bank should try doing nothing and let the economy restore itself.
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
The US economy is improving off the back of jobs figures while in Australia, the government is being warned by the Reserve Bank to step up its game.
Why is it that we want strong democracies for ourselves, but “economic czars” for others?
There’s a reason it’s getting harder to get any value from the budget.
Top contributors
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Professor of Economics, UNSW Sydney
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Professorial Fellow, University of Canberra
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Professorial Research Fellow, Melbourne Institute, The University of Melbourne
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Associate Professor, School of Economics, University of Sydney
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Dean of Business School, University of Southern Queensland
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Program Director, Trade and Investment, United States Studies Centre, University of Sydney
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Professor of Economics, City, University of London
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Professor of Economics, University of the Western Cape
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Lecturer, Public Sector Finance, University of Canberra
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Economist, UNSW Sydney
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Industry Professor, University of Technology Sydney
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Associate Professor, Torrens University Australia
