Fiscal Policy Developments

László Csaba

doi:10.1007/978-3-031-61561-0_5

Fiscal Policy Developments

László Csaba^*

^*Corresponding author for this work

Corvinus University of Budapest

Research output: Contribution to Book/Report types › Chapter › peer-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 language	English
Title of host publication	Central and Eastern European Economies and the War in Ukraine
Subtitle of host publication	Between a Rock and a Hard Place
Editors	László Mátyás
Publisher	Springer Cham
Pages	127-170
Number of pages	44
ISBN (Electronic)	978-3-031-61561-0
ISBN (Print)	978-3-031-61560-3, 978-3-031-61563-4
DOIs	https://doi.org/10.1007/978-3-031-61561-0_5
State	Published - 1 Jul 2024
Externally published	Yes

Publication series

Name	Contributions to Economics
Volume	Part F3141
ISSN (Print)	1431-1933
ISSN (Electronic)	2197-7178

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Cite this

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AB - 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.

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Fiscal Policy Developments

Abstract (may include machine translation)

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UN SDGs

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