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government uses the fiscal instrument to stimulate domestic demand and ensures a GDP growth rate target. The second scenario is …
Persistent link: https://www.econbiz.de/10011595916
This policy note presents an assessment of the EU budgetary package for 2021-2027, including the European Union Recovery Instrument 'Next Generation EU' (EURI-NGEU), with an introduction to the EU decision-making process and the state of play of the relevant legislation as well as an annexed...
Persistent link: https://www.econbiz.de/10012433986
In this paper we analyze the dynamics of public investment and public finance in new members of the European Union, and also how these sectors were affected by changes in economic freedom and corruption. When we assess the role of regulation and corruption on public investment, we find that...
Persistent link: https://www.econbiz.de/10013135010
already know regarding the government interventions in the economy and its effects based on an investigation of the main …
Persistent link: https://www.econbiz.de/10009580982
public finances in EU member states (“S2”) is also defined if government borrowing rates are assumed to be permanently lower …
Persistent link: https://www.econbiz.de/10012421177
reacts positively to the lagged public debt ratio and past primary government balances contribute to the reduction of the … government expenditures is higher from 2010 onwards, and, for higher average public debt ratios, the response is lower, while … (iii) the response of the primary government balance to the lagged public debt ratio is lower from 2010 onwards and is …
Persistent link: https://www.econbiz.de/10013365375
The Swiss debt brake is widely appreciated as one of the most rationally designed fiscal rules in the world and was thus also discussed as blueprint in the debates about fiscal rules in Germany, the European Union member states and Israel. However, evidence that this rule really contributes to...
Persistent link: https://www.econbiz.de/10011521945
budgetary priorities from the Government’s program. The budgetary priorities are established taking into account objective and …
Persistent link: https://www.econbiz.de/10010489163
government efficiency and a stronger media presence of independent fiscal institutions. Economic growth can make up for a less …
Persistent link: https://www.econbiz.de/10012671881
The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and … breaks, the study finds evidence of a cointegration relation between the government revenues and spending. The results did … significantly less than one, thus offering support for the soft budget strategy, which also suggests that the government might face …
Persistent link: https://www.econbiz.de/10011487675