economic growth and fiscal responsibility
Economic growth refers to an increase in a country's production of goods and services over time, leading to higher levels of employment, incomes, and living standards. Fiscal responsibility, on the other hand, means a government's commitment to maintaining a balanced budget, controlling public debt, and making responsible spending and taxing decisions to ensure the long-term sustainability and stability of the economy.
Requires login.
Related Concepts (1)
Similar Concepts
- corporate social responsibility and fiscal responsibility
- economic growth
- economic growth and development
- economic growth and fiscal stability
- fiscal discipline
- fiscal responsibility
- fiscal responsibility in times of crisis
- fiscal sustainability
- government subsidies and fiscal responsibility
- inflation and fiscal sustainability
- intergenerational equity and fiscal sustainability
- pension fund management and fiscal responsibility
- political will and commitment to fiscal responsibility
- public-private partnerships and fiscal responsibility
- taxation and fiscal policy