IDEAS home Printed from https://ideas.repec.org/a/taf/rpxmxx/v21y2019i9p1287-1306.html
   My bibliography  Save this article

The politics of fiscal consolidation and reform under external constraints in the European periphery: comparative study of Hungary and Latvia

Author

Listed:
  • Aleksandrs Cepilovs
  • Zoltán Török

Abstract

This article investigates the diverse experiences of fiscal consolidation under external constraints in Hungary and Latvia. The financial crisis that hit in the early years of the twenty-first century had a profound effect on the economies of many EU member states. The responses, however, were diverse. Some countries, such as Latvia, implemented deep consolidation within a relatively short amount of time, while retaining political stability. Other countries, such as Hungary, went through an extensive period of fiscal consolidation, and experienced a significant shift in domestic politics. This paper looks at the factors explaining the variety of responses to the crisis.

Suggested Citation

  • Aleksandrs Cepilovs & Zoltán Török, 2019. "The politics of fiscal consolidation and reform under external constraints in the European periphery: comparative study of Hungary and Latvia," Public Management Review, Taylor & Francis Journals, vol. 21(9), pages 1287-1306, September.
    • Handle: RePEc:taf:rpxmxx:v:21:y:2019:i:9:p:1287-1306
    DOI: 10.1080/14719037.2019.1618384
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14719037.2019.1618384
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14719037.2019.1618384?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rpxmxx:v:21:y:2019:i:9:p:1287-1306. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rpxm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.