Sustainability of Fiscal Policies: Analyzing Long-Term Economic Viability and Impact

Introduction

In an era characterized by economic volatility and growing environmental concerns, the sustainability of fiscal policies has emerged as a critical area of inquiry. This paper will examine the long-term economic viability and impact of fiscal policies, specifically focusing on how these policies can be designed to support sustainable economic growth while addressing social and environmental challenges. The purpose of this report is to analyze the relationship between fiscal policy sustainability and economic resilience, drawing on objective evidence to highlight the importance of fiscal discipline, social equity, and environmental stewardship in shaping a sustainable future.

Main Body

A fiscal policy is deemed sustainable when it can be maintained over the long term without leading to adverse economic consequences, such as excessive debt accumulation or inflation. The sustainability of a country’s fiscal policy is often assessed through various indicators, including the debt-to-GDP ratio, budget deficits, and overall economic growth rates. According to the