Fiscal Monitor, October 2014: Back to Work: How Fiscal Policy Can Help

October 8, 2014

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Format: Chicago

Fiscal Monitor, October 2014: Back to Work: How Fiscal Policy Can Help, (USA: International Monetary Fund, 2014) accessed November 23, 2024

Also available in: العربية, español, français, 日本語, русский, 中文

Summary

At a time when job creation tops the policy agenda globally, this issue of the Fiscal Monitor explores if and how fiscal policy can do more for jobs. It finds that while fiscal policy cannot substitute for comprehensive reforms, it can support job creation in a number of ways. First, deficit reduction can be designed and timed to minimize negative effects on employment. Second, fiscal policy can facilitate structural reforms in the labor market by offsetting their potential short term costs. And third, targeted fiscal measures, including labor tax cuts, can help tackle challenges in specific segments of the labor market, such as youth and older workers.

Subject: Employment, Fiscal policy, Fiscal stance, Labor, Macroeconomic and fiscal forecasts, Public debt, Public financial management (PFM)

Keywords: A number of economy, Africa, Asia and Pacific, Deficit economy, Economy, Emerging market, Employment, Fiscal stance, FM, Global, Imputed interest, Labor market reform, Macroeconomic and fiscal forecasts, Middle East, Nominal GDP, North Africa, Potential GDP

Publication Details

Pages:

112
Volume:

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DOI:

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Issue:

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Series:

Fiscal Monitor No. 2014/002
Stock No:

FMOEA2014002
ISBN:

9781498375702
ISSN:

2219-276X

Supplemental Resources

Link to Abstract
pdf
Link to Table of Contents
WEB

Notes

Executive summaries are also available in Arabic, Chinese, French, Japanese, Russian and Spanish.

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