The stabilizer fiscal policy and its long-term effects

This paper introduces the application of the fiscal policy in order to manage the crisis. The conclusion reached is that fiscal policies between are mainly neo-classical, i.e. expenditure reacted to the development of revenue. In the most countries counter-cyclical fiscal policies can be observed. H...

Full description

Saved in:
Bibliographic Details
Main Author: Kerényi Ádám
Format: Article
Published: 2010
Series:Review of faculty of engineering : analecta technica Szegedinensia
Kulcsszavak:Közgazdaságtudomány
Online Access:http://acta.bibl.u-szeged.hu/11816
Description
Summary:This paper introduces the application of the fiscal policy in order to manage the crisis. The conclusion reached is that fiscal policies between are mainly neo-classical, i.e. expenditure reacted to the development of revenue. In the most countries counter-cyclical fiscal policies can be observed. However, as the governments there are smaller and greater the effect therefore comparably limited, this plays a key role in the economic recovery. Finally, the paper briefly discusses the similarities and differences the Hungarian crisismanagament.
Physical Description:61-65
ISSN:1788-6392