Fiscal Policy and Austerity in Pakistan; Reduce Expenditures or Raise Taxes?

Yasir Zada Khan
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Yasir Zada Khan: Pakistan Institute of Development Economics

No 2024:130, PIDE Knowledge Brief from Pakistan Institute of Development Economics

Abstract: Introductory Note In recent years, Pakistan has navigated through various fiscal challenges, prompting shifts in its fiscal policy stances and subsequent implementation of austerity measures. Inspired by Alberto Alesina’s insightful podcast on Fiscal Policy and Austerity,[1] this knowledge brief explores key theoretical aspects of austerity measures, and examining the approaches taken by the Government of Pakistan (GoP) to address fiscal deficits and economic uncertainty, with a concise review of austerity policy in recent years.

Pages: 11 pages
Date: 2024
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https://file.pide.org.pk/pdfpideresearch/kb-130-fi ... s-or-raise-taxes.pdf First Version, 2024 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pid:kbrief:2024:130

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