Imbalance of the public finance in the context of Keynesian and Non-Keynesian effects of fiscal policy limitation

Joanna Stawska
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Joanna Stawska: Institute of Finance, Economic and Sociology Faculty, University of Lodz, Poland

International Journal of Management Science and Business Administration, 2017, vol. 3, issue 3, 27-32

Abstract: The purpose of this article is to point out the importance of the size of public debt and deficit in the context of Keynesian and non-Keynesian effects of fiscal policy limitation. To achieve this objective primarily were used methods of analysis of the available literature and presentation of statistical data. Considerations include, among others, the presentation of public debt and deficit in the context of economic growth. Expansionary fiscal policy often caused by economic fluctuations contributes to the deepening of public finance imbalance with frequent decline in GDP growth. The restrictive policy has an influence on improving the situation of the public finance sector in the long-term with at least moderate economic growth.

Keywords: Fiscal policy; Public finance imbalance; Financial crisis (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:3:y:2017:i:2:p:27-32

DOI: 10.18775/ijmsba.1849-5664-5419.2014.33.1003

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