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Role Of Education In Economic Development Ppt – 1- The role of fiscal policy in economic growth Fiscal policy has traditionally been attributed three roles: the redistribution of resources in the economy with the provision of public goods in the hope of correcting market failures. Redistribution of income and wealth through the tax and benefit system, as well as public education and other services. Stabilization of the macroeconomics in the short and long term. Countercyclical fiscal policy, if implemented appropriately, can help offset short-term fluctuations in the business cycle. Fiscal policy can contribute to stable, long-term output growth with low …

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