Articles on Fiscal policy

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Finance Minister Bill Morneau and Prime Minister Justin Trudeau leave the Prime Minister’s office holding copies of the federal budget in Ottawa in March. Would Canada benefit from a Budget Honesty Charter of the type that’s had success in Australia? (THE CANADIAN PRESS/Sean Kilpatrick)

Should Canada emulate Australia with a ‘budget honesty’ charter?

Australia's Charter of Budget Honesty could be easily adopted by Canada. Such a charter can include suggestions for constraints and rules that encourage fiscal discipline.
The budget is a centrepiece of fiscal policy in Australia. Julian Smith/AAP

The real reason Scott Morrison is playing down the budget

Because the budget is a very difficult means of carrying out targeted fiscal policy, it's become more important as a centrepiece for the government's economic strategy.
Much like a Rio Olympics basketball match, the United States’ economy is coming out on top while Australia lags behind. Jim Young/Reuters

Vital Signs: US scores while Australia struggles

The US economy is improving off the back of jobs figures while in Australia, the government is being warned by the Reserve Bank to step up its game.
South Africa’s Finance Minister Nhlanhla Nene has a difficult task of performing a balancing act as the country’s economy grows slowly. Reuters/Sumaya Hisham

Q&A: is fiscal discipline the right recipe for South Africa?

South Africa needs to spend more to stimulate economic growth. But this should not be unproductive or wasteful expenditure.

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