AUSTERITY IN DIFFERENT COUNTRIES OF THE WORLD*

Loredana-Ioana Pribac Ph. D Student
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Loredana-Ioana Pribac Ph. D Student: West University of Timisoara Faculty of Economics and Business Administration Timisoara, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2010, vol. 1, issue 15S, 108-113

Abstract: This paper presents the economic situation of twelve countries of the world (the USA, Russia, Great Britain, Germany, France, Spain, Portugal, Italy, Bulgaria, Hungary, Latvia, and Ireland) in the context of the world economic crisis. Are analyzed the measures adopted by each of these states and the effects of those particular measures on the economies. One of the common austerity measures – for the analyzed states – is the reduction of public expenses.

Keywords: economic crisis; austerity measures; budgetary expenses; budgetary deficit; VAT (search for similar items in EconPapers)
JEL-codes: F44 F50 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2010:i:15s:p:108-113

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