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The Quality Of Public Finances

 Author: MICHEL KECHMIR  Category: Economics  Published: March 20, 2021  Tags: BusinessCommerceEconomics |
 Description:

The ‘quality of public finances’ (QPF) is a manifold concept. Originally, the idea to explore qualitative aspects of fiscal policy stemmed from the notion that concentrating solely on quantitative aspects, in particular the Maastricht criteria, is not comprehensive enough and could possibly result in suboptimal outcomes including unwanted side-effects.

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