Uncertainty, fiscal policy and the way(s) out
Izid: 2019 | Izid: 68 | Številka: 11 | Stran(i): 46-52
fiscal policy stabilisation role uncertainty unconventional monetary policy
Uncertainty may have non-negligible impact on economic activity and thus budget performance. The current environment is characterised by high uncertainty and monetary policy undertaking unconventional measures. The fiscal policy should be aware of these uncertainties and contribute to stable long-term economic prospects and fiscal sustainability.