Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.了解更多
Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.E-Commerce Prompting Innovation by Traditional Postal Services The Global Opportunity Index 2018 The High Burden of US Housing Costs 了解更多
The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton "Computing Cyclically Adjusted Balances and Automatic Stabilizers" IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.