Škare, Marinko; Druzeta, Romina Prziklas - In: Contemporary Economics 9 (2015) 1, pp. 77-92
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. This paper analyzes the role of austerity versus the role of economic growth. It also...
