New Study Reveals Key to Sustainable Fiscal Policies Amid Global Challenges
The article looks at how government revenues, spending, and public debt are related in OECD countries from 1976 to 2017. It uses a special method to see how these factors influence each other over time. The study aims to help countries make better decisions about their finances, especially when facing big challenges like the recent global pandemic. The research shows how taxes, spending, and debt are connected, giving insights into how countries can manage their money more effectively.