London, the capital of England and the United Kingdom, has a fiscal surplus since the tax collected is above the amount spent on local services. Of all the United Kingdom's statistical regions, London runs the highest surplus, both in absolute terms and per capita. In the 2016–17 fiscal year, London's surplus was £32.5 billion and its fiscal transfer was £38.6 billion.
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London, the capital of England and the United Kingdom, has a fiscal surplus since the tax collected is above the amount spent on local services. Of all...
any kind of vertical fiscal asymmetry. VFA acknowledges the inherent challenges in achieving a perfect balance or symmetry in fiscal relations between different...
has had a negative fiscalbalance, due to public spending in Wales exceeding tax revenue. For the 2018–19 fiscal year, the fiscal deficit was about 19...
the 2009–10 fiscal year, when it stood at £11.5 billion in 2014 pounds. Nine of the twelve UK statistical regions (the exceptions are London, South East...
political theory, fiscal conservatism or economic conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility with...
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference...
The Institute for Fiscal Studies (IFS) is an independent economic research institute based in London, United Kingdom, which specialises in UK taxation...
of the British Museum, the Council of the Institute for Fiscal Studies, the Task Force on Fiscal Policy for Health, the New Economy Forum, and the Per Jacobsson...
Fiscal Compact have to transpose into national legal order the provisions of the Fiscal Compact. In particular, national budget has to be in balance or...
The United States fiscal cliff refers to the combined effect of several previously-enacted laws that came into effect simultaneously in January 2013, increasing...
counterproductive. Wolf explained that government fiscalbalance is one of three major financial sectoral balances in a country's economy, along with the foreign...
benefits exporters and export industries in the country.[citation needed] Fiscal effect: By lowering yields on sovereign bonds, QE makes it cheaper for governments...
Full fiscal autonomy (FFA) – also known as devolution max, devo-max, or fiscal federalism – is a particular form of far-reaching devolution proposed for...
accumulating debt in and of itself since they create new money by using fiscal policy in order to pay interest. MMT argues that the primary risk once the...
balances must sum to zero, a rise in the deficit of one sector must be matched by an offsetting change in the others. It follows that if the fiscal deficit...
Journal. 30: 333–64. M King, The End of Alchemy (London 2017) p. 202-7 M King, The End of Alchemy (London 2017) p. 205 A Tooze, Crashed' (Penguin 2019) p...
secure backing for his goals at the London Summit. During the trip Brown was forced to re-clarify his position on fiscal stimulus after criticism from the...
($162,200). The Londonfiscal surplus, £32.5 billion in 2016–17, mostly goes towards funding services in other parts of the UK. London generates approximately...
slowdown, low growth, high inflation, an energy crisis, and worsening fiscal and balance of payments positions. The economic landscape reflected the complexities...
professor of economics at the London School of Economics. He has published widely on macroeconomics, including both monetary and fiscal policy, inflation and...
system after World War II. It now plays a central role in the management of balance of payments difficulties and international financial crises. Through a...
Keynesian policies. Thus, the vision that monetary and fiscal policy should be used as a balance wheel, which forms a key element in the textbook policy...
Policies and Institutions for Economic Development in Historical Perspective. London: Anthem Press. ISBN 978-1-843-31027-3. Cimoli, Mario; Dosi, Giovanni; Stiglitz...
federation. With no legal constraints to balance budgets, and since the central government retains control over fiscal revenue in the communities of common...
for Her Majesty's Treasury in London, looking at banking and credit. Afterward, she worked at the Institute for Fiscal Studies, focusing on pensions and...
economic structure, improve international competitiveness, and restore its balance of payments. The IMF and World Bank (two Bretton Woods institutions) require...
from tax or other receipts, both of which fluctuate during the course of a fiscal year. There are two components of gross national debt: "Debt held by the...