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Autor:innen: 
Heshmati, Almas
Kim, Jungsuk
Park, Donghyun
Datum: 
2014
Schriftenreihe/Nr.: 
ADB Economics Working Paper Series No. 422
Verlag: 
Asian Development Bank (ADB), Manila
Zusammenfassung: 
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.
Schlagwörter: 
fiscal policy
inequality
inclusive growth
advanced countries
developing Asia
JEL: 
D31
H20
H50
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Dokumentart: 
Working Paper

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