Jump to ContentJump to Main Navigation
Financial and Fiscal PoliciesCrises and New Realities$
Users without a subscription are not able to see the full content.

Y. V. Reddy, Narayan Valluri, and Partha Ray

Print publication date: 2014

Print ISBN-13: 9780199452651

Published to Oxford Scholarship Online: November 2014

DOI: 10.1093/acprof:oso/9780199452651.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 October 2021

Emerging Challenges

Emerging Challenges

Chapter:
(p.313) Chapter 15 Emerging Challenges
Source:
Financial and Fiscal Policies
Author(s):

Y.V. Reddy

Narayan Valluri

Partha Ray

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199452651.003.0015

This concluding chapter presents a brief overview of some emerging challenges to fiscal and financial sector policies. The links between fiscal management, financial regulation, and conduct of monetary policy are closer than were perceived before the global crisis. There is now increasing awareness of the capacity of the financial sector to undermine effectiveness of policies relating to both taxation and regulation at national level. The fiscal issues relating to exchange of information on taxation and the cross-border tax avoidance mechanisms discussed in G-20 will also influence the future of global finance while simultaneously impacting the fiscal measures. In the global financial markets, interest rates on government securities of longer maturity continue to be low. Going forward, some elements of globalization of fiscal management that could match globalization of finance and its regulation may be essential.

Keywords:   fiscal management, financial regulation, G-20, global finance, inflation, interest rates, globalisation of finance

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .