Fiscal policy during the economic crisis in the countries of Central and Eastern Europe Cover Image

Polityka fiskalna w czasie kryzysu gospodarczego w krajach Europy Środkowo-Wschodniej
Fiscal policy during the economic crisis in the countries of Central and Eastern Europe

Author(s): Małgorzata Szczepaniak
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: fiscal policy; countries of Central and Eastern Europe; public debt

Summary/Abstract: A few years after the economic crisis, topics concerning the effectiveness of fiscal policy are of particular importance. In the last seven years the condition of public finances in the countries of Central and Eastern Europe has deteriorated. The governments of these countries with varying effect were handling the mechanisms of fiscal policy in order to stabilize the economy. In the countries where expansionary fical policy was implemented, relatively smaller dynamics of economic growth was observed. In the countries where restrictive fiscal policy was implemented the economic growth rates were higher after the economic crisis. The main objective of the article is the trial of evaluation of the impact of fiscal policy on the condition of public finances and economic recovery after the crisis in the countries of Central and Eastern Europe.

  • Issue Year: 2016
  • Issue No: 416
  • Page Range: 153-163
  • Page Count: 11
  • Language: Polish