Definition of
fiscal measures
tax changes introduced for economic reasons tax changes made by a government to improve the working of the economy
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Emerging Markets: Reflecting on 2008 and Looking Ahead to 2009
by Mark Mobius
Mark Mobius, PhD, Managing Director, joined Templeton in 1987 as President of the Templeton Emerging Markets Fund, Inc. He currently directs the analysts based in Templeton’s 15 emerging markets offices and manages the emerging markets portfolios. Dr Mobius has spent more than 30 years working in emerging markets all over the world. He was appointed Joint Chairman of the World Bank and Organization for Economic Cooperation and Development’s...
fiscal measures - Related Articles
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Austria
QFINANCE Country ProfilesIn September 2008, the authorities passed a stimulus package that envisaged a fiscal impulse of 0.3% of GDP in 2008 and additional stimulus in 2009–10. The 2009–10 budget includes a stimulus package of 1.5% of GDP in 2009 and an additional 0.4% of GDP in 2010. The fiscal measures were largely
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China
Key Conceptsmarkets. The Chinese government has stimulated domestic demand with loose fiscal and monetary policies. These measures enabled China’s gross domestic product growth to rise to 7.9% in the second quarter of 2009, up from 6.1% in the first quarter. The economy is expanding at a slower pace than the double-digit growth seen in the 2003–2007 period but appears on the track for recovery and has avoided the recessions that have afflicted more advanced economies
Definitions of ’fiscal measures’ and meaning of ’fiscal measures’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fiscal measures’ and other financial terms with our online QFINANCE Financial Dictionary.
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