Monastiriotis, Vassilis 
ORCID: 0000-0003-3709-3119, Hardiman, Niamh, Regan, Aidan, Goretti, Chiara, Landi, Lucio, Ignacio Conde-Ruiz, J., Marín, Carmen and Cabral, Ricardo
(2013)
Austerity measures in crisis countries — results and impact on mid-term development.
Intereconomics, 48 (1).
pp. 4-32.
ISSN 0020-5346
Abstract
Since the onset of the sovereign debt crisis, the crisis-stricken countries in Europe have been pushed to take drastic steps to consolidate their finances and reduce their budget deficits. Despite strong public opposition and largely damaging short-run effects, the countries have undertaken many of the internationally recommended/mandated reforms and spending cuts. In this Forum, authors from Greece, Ireland, Italy, Spain and Portugal report on the fiscal consolidation achieved in their respective countries - and the sacrifices that have made it possible. Furthermore, the authors detail what remains to be done to resolve the crisis.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.scopus.com/source/sourceInfo.url?source... |
| Additional Information: | © 2013 ZBW and Springer-Verlag Berlin Heidelberg |
| Divisions: | European Institute Spatial Economics Research Centre Hellenic Observatory |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| JEL classification: | H - Public Economics > H0 - General |
| Date Deposited: | 18 Mar 2013 10:13 |
| Last Modified: | 13 Nov 2024 21:54 |
| URI: | http://eprints.lse.ac.uk/id/eprint/49199 |
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