Since the Global Financial Crisis, fiscal policy in advanced economies has become more “active” – that is, increasingly unresponsive to rising debt levels. This paper explores tensions between active ...

Bangladesh emerged strongly from the COVID 19 pandemic. But persistent inflation, a balance of payments deficit, and financial sector vulnerabilities have hampered post pandemic recovery. Urgent ...

Discussions at the Bank of Mongolia’s recent international conference marking its centennial highlighted an important policy issue: how to better align monetary and fiscal policies to tackle high ...