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Fiscal Policy in Times of Crisis

As the world battles multiple crises, effective macro-fiscal policy is paramount—and not only to alleviate short-term crises. A medium-to-long-term strategy that addresses fiscal and economic vulnerabilities while fostering sustainable growth is needed. What principles should policymakers follow to formulate forward-looking fiscal policy?
France General Lauri Myllyvirta Kalpana Kochhar Marcello Estev Christian Schoder Ed Olowo Okere

Raising fiscal revenue in times of crisis

The multiple crises that developing countries are facing today constitute a major setback for development.  The war in Ukraine and Covid-19 aftershocks have resulted in a steep rise in prices of food, fertilisers, and energy. This in turn has contributed to high levels of inflation and rising interest rates, as well as to the risk of stagflation.
United States Marcello Estev Inclusive Development Office Of The World Bank World Bank South America

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