Fiscal Policy Developments

László Csaba*

*Corresponding author for this work

Research output: Contribution to Book/Report typesChapterpeer-review

Abstract (may include machine translation)

The chapter examines the impact of the war on the fiscal policies of the Central and Eastern European countries, its impact on indebtedness, public deficits, and on the financing conditions of the state. It gives a detailed overview of changes in risk perceptions over the medium and long term. Of particular importance is the effect of the global increase in inflation on fiscal developments, the adjustment measures taken by the countries under review and the analysis of the expenditure structure over the period. The analysis also identifies long-term fiscal risks and possible policy actions to further improve the resilience and adaptability of fiscal policy in the event of drastic external shocks.

Original languageEnglish
Title of host publicationCentral and Eastern European Economies and the War in Ukraine
Subtitle of host publicationBetween a Rock and a Hard Place
EditorsLászló Mátyás
PublisherSpringer Cham
Pages127-170
Number of pages44
ISBN (Electronic)978-3-031-61561-0
ISBN (Print)978-3-031-61560-3, 978-3-031-61563-4
DOIs
StatePublished - 2024
Externally publishedYes

Publication series

NameContributions to Economics
VolumePart F3141
ISSN (Print)1431-1933
ISSN (Electronic)2197-7178

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