The global financial crisis and its budget impacts in OECD nations : fiscal responses and future challenges / edited by John Wanna, Research School of Social Sciences, the Australian National University, Australia ; Evert A. Lindquist, professor, School of Public Administration, University of Victoria, Canada and Jouke de Vries, professor of governance and public policy, University of Groningen and dean, Campus Fryslän, Leeuwarden, the Netherlands

Contributor(s):

Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Edward Elgar E-Book ArchivePublisher: Cheltenham, U.K ; Northampton, MA, USA : Edward Elgar Publishing, 2015Description: 1 Online-Ressource (xiii, 350 pages) : diagramsISBN:

9781784718961

Subject(s):

Additional physical formats: 9781784718954. | Erscheint auch als: The global financial crisis and its budget impacts in OECD nations. Druck-Ausgabe. Cheltenham [u.a.] : Edward Elgar, 2015. XIII, 350 S.DDC classification:

330.9177 23

RVK: RVK: QK 620LOC classification:

HB3717 2008

DOI: DOI: 10.4337/9781784718961Online resources:

Summary: The global financial crisis of 2007-09 constituted the biggest shock to the economies of the OECD nations since the Second World War, testing budgetary systems and causing most of their governments to move into intense crisis mode. Policy responses by governments and international authorities included massive interventions to stabilize markets and economies, and significant adjustments to fiscal policy regimes. How governments reacted to the crisis, which was manifested differently in each jurisdiction, had significant political implications for sitting governments and led to reforms of fiscal policy and budgetary regimes, which have since continued to wrestle with slow economic growth and strained public finances. This singular shock provides the editors and authors of this book with an intriguing opportunity to examine how different OECD budgetary systems performed. The contributions frame and assess how governments responded to the challenge and how their budget systems evolved in the aftermath, with a focus on strategy, decision-making and balancing competing demands. Chapters cover the EU, North America and Asia, including comparison between countries that fared well, those who were moderately affected and those countries massively affected by the global financial crisis. This timely book will appeal to students and academics seeking an international understanding and analysis of the effects and consequences of the global financial crisisPPN: PPN: 1658722086Package identifier: Produktsigel: ZDB-1-EWE | ZDB-77-ECE

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