Fiscal space Fiscal space Fiscal space is the flexibility of a government in its spending choices, and, more generally, to the financial well-being of a government. Peter Heller (2005) defined it “as room in a government’s budget that allows it to provide resources for a desired purpose without jeopardizing the sustainability of its financial position or the stability of the economy.” There are different exact definitions for the term, and different metrics on how to measure it. The most influential definitions of the term come from international institutions, e.g., the International Monetary Fund (IMF) and the World Bank, the United Nations agencies,
The Financial Lives of the Poets The Financial Lives of the Poets The Financial Lives of the Poets is the fifth novel by the American writer Jess Walter. It is a comedic novel first published in 2009. The novel explores the global financial crisis, through the eyes of a business reporter turned poet. Reception of the novel was generally positive. "The New York Times" was largely positive, calling it successful at "captur[ing] the fiscal panic and frustration" and full of "blistering wisecracks". "The Los Angeles Times" called it "darkly funny, surprisingly tender [and] verse sprinkled", though the review highlighted the characters in the novel as flawed