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fiscal policy

The fiscal cost of the oil shock

The IMF has recently released its April 2015 Fiscal Monitor in which it analyses the fiscal impact of lower oil prices.
The April 2015 World Economic Outlook (Uneven Growth: Short- and Long-Term Factors) has already highlighted the impact of lower oil prices on global growth: “Relative to last year, the outlook for advanced economies is improving, […]

By |October 5th, 2016|Categories: Analyst's Insight|Tags: , , |

Tax hikes ‘self defeating’ when trying to cut government debt: ECB paper

Raising taxes is “self defeating” when a country tries to bring down the ratio between its public debt and economic output, according to a research paper published by the European Central Bank on Monday and based on the euro zone’s recent history. The ECB, along with the European Commission and the International Monetary Fund, has […]

By |February 10th, 2016|Categories: News|Tags: , , , , |

GST likely to impact renewable energy sector: Ministry report

While India’s increased focus on renewable energy is generating much global interest, the latest findings reveal that the new GST regime could increase the cost of setting up renewable energy systems in the country by up to 20%. The Ministry of New & Renewable Energy (MNRE) is learnt to have shared the findings of the […]

By |January 19th, 2016|Categories: News|Tags: , , |

Ecuador reheats oil export tax in climate pitch

The smallest member of OPEC, a club of oil-producing countries, Ecuador is calling for a global levy to raise funds for climate projects in the developing world. A 3-5% tax on every barrel of oil exported to the developed world could raise US$30 billion a year for the UN-backed Green Climate Fund, Daniel Ortega Pacheco […]

By |September 15th, 2015|Categories: News|Tags: , , , , , |

The fiscal cost of the oil shock

The IMF has recently released its April 2015 Fiscal Monitor in which it analyses the fiscal impact of lower oil prices.
The April 2015 World Economic Outlook (Uneven Growth: Short- and Long-Term Factors) has already highlighted the impact of lower oil prices on global growth: “Relative to last year, the outlook for advanced economies is improving, […]

By |April 23rd, 2015|Categories: Analyst's Insight|Tags: , , |