Přístupy k fiskální politice jako nástroji stabilizace ekonomiky: historický pohled / Fiscal policy as a stabilization policy: Historical views
Journal Title: Scientia et Societas - Year 2017, Vol 0, Issue 1
Abstract
This paper is aimed at approaches to fiscal policy and their changes over time. It describes the views of discretionary fiscal policy and government ability to stimulate economic activity. We might identify many historical events and economic hypothesis that have influenced implementation of fiscal measures. This article tries to present the most important of them. The Great Depression, economic development in the 1970s and the Great Recession should be seen as the milestones in fiscal policy consideration. These events induced the rethinking of stabilization policy. However, the discussion between economists and politicians hasn’t been over yet. At least two issues remain unsolved: when the counter cyclical discretionary policy should be used and what the effect of a tax or spent policy is.
Authors and Affiliations
Pavel Breinek
Keywords
Related Articles
- EP ID EP285316
- DOI -
- Views 94
- Downloads 0
Podpora sociálních inovací pomocí projektů z fondů Evropské unie: jaký měly skutečný společenský dosah? / Promotion of Social Innovations by Supporting Projects from the European Union Funds: What Kind of Social Impact Was Found?
Social innovations are significant nowadays in the local community development. Main goal of this paper is evaluate effectiveness of financial support from the Human Resources and Employment Operational Programme in 2007...
Vybrané trendy v nezaměstnanosti mladých v Evropské unii a Japonsku / Youth Unemployment in the European Union and Japan — Selected Trends
problems of national economies. The article pays attention to the youth unemployment in the European Union and Japan, i.e. important, developed regions with higher regulation and lower labour market flexibility. Youth un...
Přístupy k fiskální politice jako nástroji stabilizace ekonomiky: historický pohled / Fiscal policy as a stabilization policy: Historical views
This paper is aimed at approaches to fiscal policy and their changes over time. It describes the views of discretionary fiscal policy and government ability to stimulate economic activity. We might identify many historic...
Působení nevládních organizací v OSN prizmatem mikroekonomie / Non-Governmental Organizations at the United Nations through the Lens of Microeconomics
The article represents a transdisciplinary approach to the very topical issue of participation of non-governmental organizations (NGOs) at the United Nations (UN) system. The topic is gaining more and more ground in the...
Soukromé zájmy jako předpoklad vzniku veřejné správy: akciová společnost v roli státu / Private interests as assumption for creation of public administration: join stock company in the role of state
Personal interest is one of the most important part of economy interaction. According economic theory is personal interest the only motivation to be part of market. As Mandevill has shown in the “Fable of the bees”, with...