A Quote by Gita Gopinath

Fiscal policy is a very important part of the tool kit for policy makers. — © Gita Gopinath
Fiscal policy is a very important part of the tool kit for policy makers.
I don't think policy makers surprise unnecessarily. You don't pick surprise as a part of your policy. Markets value a certain amount of predictability. But there are certain areas where surprise is a tool.
There is a very serious fiscal-policy question of, 'Are we running our overall fiscal policy such that we as a government can pay our bills?'
Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.
... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy.
As always, it would be important to ensure that any fiscal policy changes did not compromise long-run fiscal sustainability.
The problem is the policy makers don't have practitioners in the policy team. You won't make an IT policy without consulting a Narayan Murthy or Nandan Nilekani. But for energy, people think they know everything and they know what to do for it. That's how the policies are created in Delhi and that needs to change.
If we have a common currency, the main regulator for policy in the country is the fiscal policy.
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.
China is attempting the death-defying feat, which no one has attempted in the history of the world, which is to move a billion people out of poverty. When I speak to Chinese policy-makers, the thing that annoys them the most about Western policy-makers is that they're not given any credit for anything.
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
Policy is formed by preconceptions, by long implanted biases. When information is relayed to policy-makers, they respond in terms of what is already inside their heads and consequently make policy less to fit the facts than to fit the notions and intentions formed out of the mental baggage that has accumulated in their minds since childhood.
A research division develops marketing material for its deal makers. We have no policy position. If you have a policy position you can't possibly forecast.
What is missing from the policy analyst's tool kit -- and from the set of accepted, well-developed theories of human organization -- is an adequately specified theory of collective action whereby a group of principals can organize themselves voluntarily to retain the residuals of their own efforts.
Watch out Mr. Bush! With the exception of economic policy and energy policy and social issues and tax policy and foreign policy and supreme court appointments and Rove-style politics, we're coming in there to shake things up!
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