Fiscal gap/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> the size of the increase in revenues or decease in outlays, expressed as a percent of GDP, that would be necessary to keep the national debt at or belo...) |
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the size of the increase in revenues or decease in outlays, expressed as a percent of GDP, that would be necessary to keep the national debt at or below its current share of GDP. | the size of the increase in revenues or decease in outlays, expressed as a percent of GDP, that is required for ''fiscal sustainablity'' (ie: that would be necessary to keep the national debt at or below its current share of GDP). | ||
Revision as of 13:57, 12 June 2009
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Fiscal gap [r]: the size of the increase in revenues or decease in outlays, expressed as a percent of GDP, that is required for fiscal sustainablity (ie: that would be necessary to keep the national debt at or below its current share of GDP).