The emergency Budget in June was the moment when fiscal credibility was restored.

If matched by a genuine commitment to develop fiscal credibility, countries could increase their economic growth substantially.

Giving the ECB a quasi fiscal role, even if it is somewhat insulated from losses, risks undermining its credibility.

Their sound financial systems, strong fiscal frameworks, low public debt, and strict adherence to inflation targets give them credibility.

A shadow or actual International Monetary Fund program would vastly enhance the credibility of a policy of fiscal retrenchment and structural reforms.

While that could be contractionary, the gain in fiscal policy credibility might prevent a damaging spike in long term government bond yields.

As long as enforcement of fiscal discipline is entrusted to an intergovernmental body, the problem is bound to reappear, limiting the credibility of common budgetary rules.

Our credibility?

Countries such as Brazil already have such high levels of transfer payments from rich to poor that further moves would undermine fiscal stability and anti inflation credibility.

They are credibility and democracy or rather, credibility based on democracy.

And it can happen to any country, although advanced countries can usually tighten fiscal policy with sufficient speed and credibility that the pain comes mainly in slower growth.

We've created the credibility.

The Security Council s Credibility Test

Credibility of int'l system tested.

Fifa s declining accountability and credibility

Our credibility is at stake.

Fiscal Follies

What's fiscal ?

Meanwhile, the state lurches from fiscal tragedy to fiscal farce.

Our own credibility is at stake.

Fiscal consolidation was not, however, the result of formal fiscal rules.

The credibility of our institutions indeed the credibility of the United Nations itself is being put to the test.

Europe s Fiscal Wormhole

America s Fiscal Isolationism

Fiscal Closing Time?

Fiscal Child Abuse

Germany s Fiscal Follies

India s Fiscal Follies

Shorting Fiscal Consolidation

Alternative Fiscal Medicine?

Country _ Fiscal year _

Country _ Fiscal year _

Fiscal stimulus is turning into fiscal austerity and a drag on growth.

fiscal year 2000 2001 to the fiscal year 2002 2003 (table 5).

8. 22 29 April 1994 Fiscal Affairs Revenue enhancement and fiscal management

The ECB s credibility is on the line.

The United Nations must regain its credibility.

Such unfulfilled expectations could undermine its credibility.

Fiscal adjustment and structural reform without financing is more fragile and liable to fail without a war chest of liquidity to prevent a run on public debt while the appropriate policies are implemented and gradually gain credibility.

The European Central Bank also lost its credibility.

Simple propaganda lacks credibility and thus is counterproductive.

The credibility associated with a simple rule disappeared.

Effectiveness and credibility depended on concrete development results.

A question of credibility responding to unfounded criticism

The credibility of such material was therefore questionable.