Macroeconomics and Fiscal Management
One objective of fiscal policy is to stabilize a country’s macroeconomic environment. Countercyclical fiscal measures intend to offset the effects of the economic cycle on a country’s economy. For…
Social protection measures could cushion energy price shocks. However, social protection measures in the absence of macro- or sectoral- reforms are not fiscally sustainable.
This blog examines issues related to how ITMO (internationally transferred mitigation outcomes) markets function, their impacts on potential ITMO-supplying countries, and their potential for…
The importance of finance for investment and growth implies that the financial sector is central to the growth agenda in Pakistan. And yet, Pakistan’s financial sector has under-delivered on its…
The prices of several goods, including intermediate inputs such as cement, are higher on average in the world's poorest countries, including many in Africa. This blog assesses why we are…
