Inadequate fiscal policies
Name(s):
National fiscal crisis
Lack of fiscal reform
Nature
The growth of expenditures followed by increasing gaps in the availability of resources have contributed to higher fiscal deficits and to rising debts, both internal and external. Further, changes in the composition of public expenditures have also affected the structure and exercise of financial controls.
Claim
Governments should shift the burden of taxation away from job generation and employment to capital and the waste of increasingly scarce environmental resources.
Aggravates
Value(s)
Type
(F) Fuzzy exceptional problems