Fiscal policy of the Philippines Central Bank, allowing the peso, for the first time ever, to close even stronger at the end of a presidential term than at the start. Fiscal policy of the Philippines Fiscal policy refers to the "measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy to achieve certain goals." In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there have been improvements in the last few years. The Philippine government’s main source
John Bull's Adventures in the Fiscal Wonderland John Bull's Adventures in the Fiscal Wonderland John Bull's Adventures in the Fiscal Wonderland is a novel by Charles Geake and Francis Carruthers Gould, written in 1904 and published by Methuen & Co. of London. It is a political parody of Lewis Carroll's two books, "Alice's Adventures in Wonderland" and "Through the Looking-Glass". The book features 48 drawings after the originals by John Tenniel which were drawn by Francis Carruthers Gould. It is critical of the economic politics of the day, which John Bull tries to make sense of. A number of notable British politicians are identified in the book.