Results 31 to 40 of about 149,365 (286)
THE POLICY OF FINANCIAL CONSOLIDATION AND ECONOMIC DEVELOPMENT IN THE FACE OF EXTERNAL SHOCKS
Topic. The article discusses the policy of progressive fiscal consolidation carried out in developed countries and in Russia. There is also a characteristic of fiscal policy in Russia. Purpose.
I. S. Bukina
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Is there an alternative strategy for reducing public debt by 2032? [PDF]
EMU countries have engaged in fiscal consolidation since 2011. This strategy has proven to be costly in terms of GDP. This cost has been amplified by the fact that fiscal multipliers are high in time of crisis, as recently stressed by the ...
Blot Christophe +5 more
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Fiscal Reforms during Fiscal Consolidation: The Case of Italy [PDF]
We discuss the strengths and weaknesses of the fiscal consolidation package adopted by Italy in 2011. Estimated at 3.3% of GDP, the tax measures were introduced to reduce public deficits without weakening the prospects of economic recovery or producing adverse redistributive outcomes.
Arachi Giampaolo +6 more
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From fiscal consolidation to fiscal optimization [PDF]
The fiscal consolidation program in 2015 was a success. Despite this success, it is time to consider a switch away from the fiscal consolidation policy towards a fiscal optimization policy. By 'fiscal optimization policy' we mean a proper design of fiscal instruments that might lead towards the maximum potential rate of GDP growth.
Miroljub Labus, Milica Labus
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Fiscal consolidation under electoral risk
AbstractThe European debt crisis has uncovered serious tension between democratic politics and market pressure in contemporary democracies. This tension arises when governments implement unpopular fiscal consolidation packages in order to raise their macroeconomic credibility among financial investors. Nonetheless, the dominant view in current research
Huebscher, Evelyne Patrizia +1 more
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APPLYING THE ARRANGEMENTS OF FISCAL CONSOLIDATION IN CRISIS
The issue of implementation of the areas of fiscal consolidation is particularly relevant in terms of the accumulation of public deficits and public debt in such amounts when the country is on the verge of insolvency.
N. Drozd
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Fiscal Consolidation Programs and Income Inequality [PDF]
AbstractWe document a strong empirical relationship between higher income inequality and stronger recessive impacts of fiscal consolidation episodes across time and space. To explain this finding, we develop a life‐cycle economy with uninsurable income risk.
Pedro Brinca +4 more
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Tax Efficiency in Terms of Fiscal Consolidation in EU Countries
A review of the literature can be seen that the type of fiscal consolidation is important for consumer/investor confidence and therefore of relevance to the economy and the condition of public finances.
Iwona Wojciechowska-Toruńska
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WORLD PRACTICE OF APPLYING A POLICY OF FISCAL CONSOLIDATION [PDF]
The article considers the essence of fiscal consolidation and the main factors influencing its application. Else in issues explores international experience of implementation of fiscal consolidation, thereby highlighted the positive aspects and the ...
Tetiana Iegorkina, Tatyana Blokhina
doaj
Fiscal consolidation in Germany [PDF]
The German federal government’s fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission’s QUEST model to gauge the impact of the package on Germany and the spillover to the rest of the euro area and the rest of the ...
Roeger, Werner +2 more
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