Arbeitspapier
Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia
Advanced economies have a significantly longer history of using fiscal policy to tackle inequality and promote inclusive growth than those in developing Asia. Therefore, as developing Asia explores the more active use of fiscal policy for inclusive purposes, it can learn from the experiences of advanced countries. Those experiences clearly suggest that fiscal policy can have a significant effect on inequality which provides some cause for optimism about its equity-promoting potential. Nevertheless, that optimism should be tempered by the different circumstances of advanced versus developing economies along with the need for developing Asia to maintain fiscal sustainability and economic growth.
- Language
-
Englisch
- Bibliographic citation
-
Series: ADB Economics Working Paper Series ; No. 422
- Classification
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Taxation, Subsidies, and Revenue: General
National Government Expenditures and Related Policies: General
- Subject
-
fiscal policy
inequality
inclusive growth
advanced countries
developing Asia
Finanzpolitik
Wirtschaftswachstum
Verteilungsgerechtigkeit
Industrieländer
Entwicklungsländer
Asien
- Event
-
Geistige Schöpfung
- (who)
-
Heshmati, Almas
Kim, Jungsuk
Park, Donghyun
- Event
-
Veröffentlichung
- (who)
-
Asian Development Bank (ADB)
- (where)
-
Manila
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Heshmati, Almas
- Kim, Jungsuk
- Park, Donghyun
- Asian Development Bank (ADB)
Time of origin
- 2014
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