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Austerity In Different Countries Of The World

Author

Listed:
  • Loredana-Ioana Pribac Ph. D Student

    (West University of Timisoara Faculty of Economics and Business Administration Timisoara, Romania)

Abstract

This paper presents the economic situation of twelve countries of the world (the USA, Russia, Great Britain, Germany, France, Spain, Portugal, Italy, Bulgaria, Hungary, Latvia, and Ireland) in the context of the world economic crisis. Are analyzed the measures adopted by each of these states and the effects of those particular measures on the economies. One of the common austerity measures – for the analyzed states – is the reduction of public expenses.

Suggested Citation

  • Loredana-Ioana Pribac Ph. D Student, 2010. "Austerity In Different Countries Of The World," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(15S), pages 108-113, November.
    • Handle: RePEc:aio:rteyej:v:1:y:2010:i:15s:p:108-113
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    File URL: http://feaa.ucv.ro/RTE/015S-13.pdf
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    More about this item

    Keywords

    economic crisis; austerity measures; budgetary expenses; budgetary deficit; VAT;
    All these keywords.

    JEL classification:

    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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