Gateway to Think Tanks
来源类型 | Publication |
Towards a New Fiscal Policy for Israel: Balancing Budgetary Responsibility and Societal Needs | |
Prof. Manuel Trajtenberg; Itamar Popliker | |
发表日期 | 2019-06 |
出版年 | 2019 |
语种 | 英语 |
摘要 | In this paper we put forward a new fiscal policy for Israel, intended to address the troubling gap between the remarkable success at the macro level of the prevalent economic policy, and the economic burden that weighs heavily on most households, especially on young families.
The proposed policy strives to balance the two central functions of government: financing and supplying public goods at an appropriate level, while maintaining strict economic stability and therefore fiscal discipline. For this purpose, the government will have to set two targets at the beginning of its term, a debt-to-GDP target and a government expenditure-to-GDP target, which it will undertake to achieve within a predetermined period of time (4-5 years). These targets will be inserted into two new formulas for the fiscal rules, one for the expenditure rule (i.e., how much government expenditure will increase each year) and one for the annual deficit. The construction of the state budget each year in accordance with these rules will ensure that the targets are met, while implementing a transparent, responsible and balanced fiscal policy. |
URL | https://www.neaman.org.il/EN/Towards-a-New-Fiscal-Policy-for-Israel-Balancing-Budgetary-Responsibility-and-Societal-Needs |
来源智库 | Science and Technology Policy Institute (Republic of Korea) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/472361 |
推荐引用方式 GB/T 7714 | Prof. Manuel Trajtenberg,Itamar Popliker. Towards a New Fiscal Policy for Israel: Balancing Budgetary Responsibility and Societal Needs. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
Screenshot_22_201906(7KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 | ||
psyical policy_20190(2628KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。