TITLE:
A Simple Framework for Tracking and Evaluating Fiscal Stimulus Measures in an Economy
AUTHORS:
Moeti Damane
KEYWORDS:
Fiscal Stimulus, Institutional Analysis and Development, IAD, Tracking System, COVID-19
JOURNAL NAME:
Modern Economy,
Vol.13 No.3,
March
14,
2022
ABSTRACT: This paper introduces a
simple policy dynamics-style database system or framework for tracking
(monitoring) and evaluating fiscal stimulus interventions in an economy. The
framework is comparable and complimentary to global policy dynamics style
database frameworks designed to track, compare, and evaluate country policy
responses to the COVID-19 pandemic. Its schematic
outline borrows from the Institutional Analysis and Development (IAD) framework.
It proposes three process and output indicators, namely: 1) Nature of measure
and Duration, 2) Total Spending and Financing, and 3) Delivery Method,
respectively. It also proposes one output indicator (i.e., Policy Impact).