Recognising the regained importance of fiscal policy over the last two decades, this timely book provides much-needed insight into the manifold changes and challenges of fiscal policy and how it is adapting to the unpredictable nature of the 21st century.Fiscal Policy in a Turbulent Era brings together esteemed experts who offer detailed analyses on how the turbulence of the last 20 years has caused a tectonic shift in economic thinking. Chapters consider the resources which underpin current fiscal policy, assessing its overall effectiveness before outlining the changing priorities due to ageing, inequality and the green transition, the financial tools available, and the future of fiscal policy in uncertain times. Incisive and thorough, this book acknowledges that although fiscal policy has become more relevant and effective, it now faces far greater risks against the backdrop of increasing debt, rising demands and higher interest rates.This highly prescient book will be a crucial read for students, academics and researchers studying public finance, public sector economics, political science, banking and finance, and public policy. Offering in-depth accessible analyses, Fiscal Policy in a Turbulent Era will also prove beneficial for practitioners and policymakers working in finance ministries, central banks and other areas associated with fiscal policy.
