The General Government Balances of EU Countries - Development and Problems during the Crisis Period from 2007 to 2010

Veřejné rozpočty zemí Evropské unie - vývoj a problémy v krizovém období let 2007 až 2010

Eva Karpová

Současná Evropa, 2012, vol. 2012, issue 1, 73-97

Abstract: The long term troubles with general government deficits of many EU countries have been culminating in 2009 when the usual causes of internal economic deficit balances were meeting the deep economic recession. The improving of general government balances became extremely urgent as well as difficult under the mentioned conditions. From 2010 the governments of most EU countries have started to realize fiscal reforms which should bring essential effects in three or four year horizon. It is possible to say that EU institutions are involved and helpful in the mentioned process although the fiscal policy is not a common policy yet of course. However the improvement of general government balances seems to be a very difficult problem from a theoretical as well from the practical point of view.

Keywords: European Union; economic crisis; general government deficit/surplus; growth of gross domestic product; index of consumer prices; unemployment; general government expenditure; Evropská unie; hospodářská krize; bilance veřejných rozpočtů; růst HDP; inflace; míra nezaměstnanosti; výdaje z veřejných rozpočtů (search for similar items in EconPapers)
Date: 2012
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://wep.vse.cz/artkey/sev-201201-0005_Verejne-r ... let-2007-az-2010.php (text/html)
http://wep.vse.cz/pdfs/sev/2012/01/05.pdf (application/pdf)
free of charge

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:prg:jnlsev:v:2012:y:2012:i:1:id:14:p:73-97

Ordering information: This journal article can be ordered from
Centrum evropských studií VŠE Praha
http://wep.vse.cz

Access Statistics for this article

Současná Evropa is currently edited by Josef Bič

More articles in Současná Evropa from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().