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Fiscal Austerity Versus Growth in Croatia
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
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Social protection and the International Monetary Fund: promise versus performance [PDF]
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
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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
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Austerity policies, economic growth and fiscal balance: lessons from Slovenia [PDF]
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
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MMT, monetary sovereignty and fiscal policy space in Brazil (1999-2019)
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
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Fiscal performance in monetary unions: How much austerity should be allowed? [PDF]
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
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Everyday Fiscal Encounters: Taxation and the Austerity State in Greece
Taxation has sparked ongoing controversies in public debate in Greece, especially during times of crisis. Popular opinion was unambiguous about the necessity to curb tax avoidance and evasion as an element of economic restructuration.
Andreas Streinzer
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An Influence of Austerity Measures on the Credibility of Power in Contemporary Western European Democracies [PDF]
This study examines the impact of austerity measures, specifically government spending cuts, on political trust and government credibility in Western European democracies since the 2000s.
Anna M. GINEIKO, Ivan V. Rozmainsky
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Fiscal reaction to interest payments: The case of Serbia [PDF]
We focus on the response of primary fiscal balance to interest payments and borrowing costs on Serbian public debt before, during and in the aftermath of the global financial crisis.
Andrić Vladimir +2 more
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Is Public Debt Reduction Worthwhile? [PDF]
This paper examines whether reducing Canada’s federal debt is a worthwhile policy objective, in light of economists’ advice and public opinion favouring debt reduction.
Bev Dahlby
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