Author(s): Endang Adu
Fiscal policy, encompassing government spending and taxation, plays a pivotal role in shaping economic growth. This article explores the theoretical underpinnings and practical applications of fiscal policy, analyzing its impact on economies across different regions and income levels. Drawing on case studies and empirical research, it highlights the conditions under which fiscal policy enhances growth and the challenges governments face in balancing fiscal objectives. The discussion also addresses contemporary issues such as fiscal responses to crises, sustainability, and inequality, emphasizing the need for tailored approaches to achieve optimal outcomes.