Fiscal consolidation and public debt in the European Union: Reevaluating the relationship

The initial shock from and response to the Global Financial Crisis (GFC) in 2008 had a profound impact on the fiscal balances and subsequently the government debt ratios of countries in the European Union (EU). This paper examines the relationship fiscal consolidation measures and the changes in deb...

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Bibliographic Details
Main Authors: Lara Greta MERLING, Alexandru VLADOI
Format: Article
Language:English
Published: General Association of Economists from Romania 2022-06-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1593.pdf