Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169281
Authors: 
Dabrowski, Marek
Year of Publication: 
2016
Series/Report no.: 
CASE Working Papers 4 (128)
Abstract: 
Since 2008, the world economy has been facing the consequences of the global financial crisis. As a result, many economic policy paradigms have been revised, and this process is far from complete. The policy area, which needs a fundamental rethinking (especially in advanced economies), relates to the role of public finance and fiscal policy in ensuring economic growth and financial stability. The primary task will be to develop a new analytical approach and detailed indicators, which are necessary to provide a correct diagnosis and effective recommendations. What are the "safe" levels of budget deficit and public debt during "normal" or "good" times? Is there a single norm of fiscal safety?
Subjects: 
public debt
fiscal deficit
fiscal policy
public finance management
general government
fiscal rules
JEL: 
E62
H62
H63
H81
ISBN: 
978-83-7178-642-6
Document Type: 
Working Paper

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