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through downsizing potentially less productive public expenditure, or possibly at the expense of potentially growth …-promoting expenditure. In addition, the article also addresses a related issue of whether fiscal policy has been managed in a sufficiently …
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durable basis. Policies focusing on expenditure reductions were more successful than those relying on revenue increases. There …
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durable basis. Policies focusing on expenditure reductions were more successful than those relying on revenue increases. There …
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This paper studies the determinants of economic growth and the role of the public budget in European Union (EU) member states in Central and Eastern Europe, that joined the European Union in 2004, with a balanced data set from 1996 until 2012. A special focus is set on the relationship between...
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