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In the context of limitation of government expenditures, efficiency of their spending should be improved. The quality of budget governance can be improved by using a comprehensive approach only that will help to cover the broadest range of the applied regulating tools and to align their...
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generate optimal policies that resemble "austerity" measures. Optimal policy prescribes front-loaded fiscal consolidations and …
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The paper discusses the impact of austerity policy on economic performance in the eurozone countries after the global … observed in many economies, especially in the South Europe. The implemented austerity policy under the external pressure not … increasing public debt. Based on the literature and empirical findings, the issue of austerity policy and its potential …
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The spread of COVID-19 has brought many economies into recession, and Indonesia is no exception. In response to the adverse impacts of the COVID-19 pandemic, a higher fiscal stimulus is needed to achieve economic recovery. However, as one of the world's most populous countries, Indonesia has...
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