Fiscal Policy for Inclusive Growth: An Overview
Estrada, Gemma; Lee, Sang-Hyop; Park, Donghyun | December 2014
Abstract
In recent years, inequality has risen in the region alongside rapid economic growth. The widening income gap strengthens the case for a government response, and fiscal policy is one of the most suitable policy instruments to promote a more equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity-promoting fiscal expenditures, namely education, health care, and social protection, and thus the region needs to do more. Expanding public expenditures without boosting fiscal resources can, however, jeopardize fiscal sustainability. The key challenge is how to use fiscal policy to make growth more inclusive while maintaining fiscal sustainability.
Citation
Estrada, Gemma; Lee, Sang-Hyop; Park, Donghyun. 2014. Fiscal Policy for Inclusive Growth: An Overview. © Asian Development Bank. http://hdl.handle.net/11540/4218. License: CC BY 3.0 IGO.ISSN
2313-6537
Keywords
Asian Development Bank
Development
Sustainable Development
Urban Area
Urban Areas
Urban Population
Urbanization
Urban Services
Urban Projects
Urban Problems
Urban Poverty
Urban Policy
Urban Planning
Urban Infrastructure
Urban Health
Urban Government
Urban Economic Development
Urban Development Finance
Urban Development
Urban Conditions
Urban Communities
Urban Population
Economic development
Cities
Sustainable growth
Economic development
Urban Plans
Urbanism
Urban agriculture
Rural Urban Migration
Cities
Investment
Sustainable development
Local government
Urban renewal
Urban housing
Urban sociology
Transit systems
Rapid transit
Public transit
Mass transit
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Citable URI
http://hdl.handle.net/11540/4218Metadata
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