The European fiscal, policy and current economic-financial crisis

Abigail Rodríguez Nava and Francisco Venegas-Martínez

Contaduría y Administración, 2015, vol. 60, issue 6, 54-82

Abstract: This research analyzes the strategies of cyclical and countercyclical fiscal policy un¬dertaken in response to economic and financial crisis in the period 2006 – 2010. Especially the criteria followed by three member countries of the European Union are contrasted: Germany, Italy and Portugal, which have different characteristics in terms of the soundness of its public finances. The research suggests that the orientation of fiscal policy guided by international organizations and authorities of the European Union could hinder the econo¬mic recovery, especially if the domestic market is damaged through shrinkage of personal incomes.

Keywords: Economic crisis; Fiscal policy; Debt; Deficit (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cya.unam.mx/index.php/cya/article/view/912 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nax:conyad:v:60:y:2015:i:6:p:54-82

Access Statistics for this article

Contaduría y Administración is currently edited by Francisco López-Herrera (Editors in Chief)

More articles in Contaduría y Administración from Accounting and Management Contact information at EDIRC.
Bibliographic data for series maintained by Alberto García-Narvaez (Technical Editor) ().