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Fiscal Austerity Versus Growth in Croatia

open access: yesContemporary Economics, 2015
The role of fiscal austerity has been questioned for centuries, but a rapidly increasing deficit along with the financial crisis in 2007/2008 influenced a renewed debate on the economics of austerity.
Marinko Škare, Romina Prziklas Druzeta
doaj   +3 more sources

FISCAL AUSTERITY POLICY IMPACT ON WELFARE

open access: yesReview of Innovation and Competitiveness, 2017
The ongoing global financial and economic crisis has caused a dramatic fall in growth, increased deficit, higher unemployment rates and strong price fluctuations.
Romina Pržiklas Družeta   +1 more
doaj   +4 more sources

The cost of fiscal austerity: A synthetic control approach

open access: yesEkonomski Vjesnik
Purpose: This paper analyses economic and social impact of fiscal austerity policies on economic growth and income distribution. In response to the European public debt crisis, austerity measures were implemented in 2010 to decrease the budget deficit ...
Lorena Škuflić   +2 more
doaj   +2 more sources

Social protection and the International Monetary Fund: promise versus performance [PDF]

open access: yesGlobalization and Health
Background Countries in the Global South are currently facing momentous economic and social challenges, including major debt service problems. As in previous periods of global financial instability, a growing number of countries have turned to the ...
Alexandros Kentikelenis, Thomas Stubbs
doaj   +2 more sources

External competitiveness and the role of fiscal policy: does fiscal austerity matter?

open access: yesCroatian Operational Research Review, 2019
During and after the sovereign debt crisis that hit most of the EU member states after the Great Recession, the question of the effectiveness of fiscal policy vis-à-vis ensuring sustainable growth rates and changing the economic structure of member ...
Boris Cota   +2 more
doaj   +5 more sources

Welfare State and Epistemic Communities of Fiscal Austerity in Brazil: from Lula da Silva to Jair Bolsonaro (2003-2020)

open access: yesSociedade e Estado, 2021
This article is based on a theoretical-conceptual framework and empirically grounded research to analyze the construction of discourse and institutional insertion of ideas from epistemic communities of fiscal austerity in Brazil, given the recent upsurge
Carlos Eduardo Santos Pinho
doaj   +1 more source

Austerity policies, economic growth and fiscal balance: lessons from Slovenia [PDF]

open access: yesZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2018
The authors investigate the impact of austerity policies by empirically analysing the crowding out effect, the Ricardian equivalence principle, and the effect of domestic competitiveness on economic growth in Slovenia.
Petra Došenović Bonča, Maks Tajnikar
doaj   +1 more source

Is fiscal austerity really self‐defeating? [PDF]

open access: yesJournal of Public Economic Theory, 2021
AbstractThis paper analyzes local and global equilibrium dynamics in an optimizing endogenous growth model under expenditure‐based fiscal austerity feedback policies expressed relative to the private capital stock—prescribing spending cuts in reaction to public debt accumulation.
openaire   +2 more sources

MMT, monetary sovereignty and fiscal policy space in Brazil (1999-2019)

open access: yesCuadernos de Economía, 2023
There are controversies regarding the applicability of Modern Money Theory (MMT) to emerging countries. In this paper, we shed light on this debate by analyzing the monetary sovereignty and fiscal policy regime in Brazil from 1999 to 2019.
Norberto Montani Martins   +1 more
doaj   +1 more source

Fiscal performance in monetary unions: How much austerity should be allowed? [PDF]

open access: yesPanoeconomicus, 2017
The effectiveness of fiscal policy becomes particularly relevant in the case of the member countries of a monetary union facing a sovereign debt crisis.
Díaz-Roldán Carmen
doaj   +1 more source

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