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Fiscal policy is an incredibly important tool for governments across the world, with many countries facing dilemmas in crafting fiscal policies to meet changing demographic needs, greater demands for social welfare and sudden spending due to shocks such as terrorism. This important book looks at fiscal policy in the Asian Pacific economies and with a broad array of contributors will be a useful tool to students, researchers and professionals working in international economics and finance.
Economic development. --- Economic development - Pacific Area. --- Fiscal policy - Pacific Area. --- Fiscal policy. --- Public Finance --- Political Science --- Law, Politics & Government --- Fiscal policy --- Pacific Area --- Economic conditions. --- Tax policy --- Taxation --- Government policy --- Economic policy --- Finance, Public
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The Pacific region is in the final stage of the demographic transition with declining fertility and expanding life expectancy, where significant changes in population size and age distribution, i.e. ""aging"" have been and will be witnessed. They are unprecedented and going to affect economic growth in various ways. This book focuses on the Pacific region, one of the most rapidly aging regions, and examines the possible risk aspects. Particularly, the book takes into account of possible adjustments both endogenous and exogenous (including policy responses) to the new reality of agin
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