5 minute read. According to the Oxford Dictionary of Economics (5th ed.). Fiscal policy is the use of taxation and government spending to influence the economy. This may work via changing tax rates or the rules about liability to tax, or via changes in government spending on real goods and services or transfer payments. Fiscal policy can be used both to influence the level … [Read more...] about Taxonomy Matters: Fiscal Policy
Key Concepts
This tag gathers together the articles that are essential to understand the content of Abierto al Público. We list, below, all the blog entries that we consider key concepts to build and strengthen our audience's understanding of open knowledge and its relation to social and economic development.
Taxonomy Matters: Artificial Intelligence
According to Stanford University, Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction. As its concept suggests, AI is a broad term that encompasses any technology that allows computers to mimic human abilities. This field includes disciplines such … [Read more...] about Taxonomy Matters: Artificial Intelligence
Taxonomy Matters: Behavioral Economics
This edition of the Taxonomy Matters series explores the concept of behavioral economics. According to the International Encyclopedia of the Social and Behavioral Sciences, in an article by Sendhil Mullainathan and Richard Thaler, behavioral economics is the combination of psychology and economics … [Read more...] about Taxonomy Matters: Behavioral Economics
Taxonomy Matters: Food Security
Our recurring series Taxonomy Matters explores definitions of terms related to the field of international development and their connection to knowledge products that we publish. This new entry focuses on the subject of food security. According to the United Nations Food and Agriculture Organization (FAO) and its multilingual thesaurus AGROVOC, food security is a situation … [Read more...] about Taxonomy Matters: Food Security
Taxonomy Matters: Climate Finance
This article is part of the Taxonomy Matters series, where we share definitions from our knowledge taxonomy along with a set of related knowledge products. In this edition, the term is climate finance. Within the United Nations Framework Convention on Climate Change (UNFCCC), it is defined as “local, national or transnational financing—drawn from public, private and … [Read more...] about Taxonomy Matters: Climate Finance