LEADER 03686nam 22006615 450 001 9910726294203321 005 20230510114624.0 010 $a9783031297618 024 7 $a10.1007/978-3-031-29761-8 035 $a(CKB)26748279500041 035 $a(MiAaPQ)EBC7248814 035 $a(Au-PeEL)EBL7248814 035 $a(DE-He213)978-3-031-29761-8 035 $a(BIP)089067138 035 $a(EXLCZ)9926748279500041 100 $a20230510d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFiscal Policy in the Southern European Union Countries$b[electronic resource] $eThe Aftermath of COVID-19 /$fby Milan Bedná? 205 $a1st ed. 2023. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2023. 215 $a1 online resource (158 pages) 225 1 $aContributions to Finance and Accounting,$x2730-6046 311 $a9783031297601 327 $aChapter 1. Introduction -- Chapter 2. Fiscal Policy and Government Debt in the 21st Century -- Chapter 3. European Debt Crisis and Flaws of the Euro Area -- Chapter 4. Sovereign Debt Channels in the Euro Area -- Chapter 5. European Fiscal and Debt Union -- Chapter 6. Specific Characteristics of EU4 Economies -- Chapter 7. Fiscal Situation in the COVID-19 Aftermath -- Chapter 8. Long-Term Determinants and Efficiency of Fiscal Policies -- Chapter 9. Sovereign Debt Resolution Prospects -- Chapter 10. Conclusions. 330 $aThis book examines public debt hoarding within the Euro Area, which is one of the most complicated challenges regarding modern fiscal policy-making. The author offers an up-to-date analysis of the fiscal situations of Italy, Spain, Portugal, and Greece. The book describes key mechanisms of debt transmission, discusses the potential establishment of fiscal and debt union in the EU, identifies numerous implications, and connects the fiscal positions of the examined countries with the structural flaws of the Euro Area and the monetary policy of the European Central Bank. Moreover, the work presents an estimation of structural budget balances, including a comparison with the estimates of major international institutions such as the IMF, OECD, and European Commission. A separate chapter is devoted to analysing the fiscal policy determinants, using time series since the late 19th century, and the issue of fiscal policy efficiency. Finally, the work provides an overview of debt resolution options. Overall, this book offers eight core chapters intended for the public, professional economists, and policymakers. 410 0$aContributions to Finance and Accounting,$x2730-6046 606 $aFinance 606 $aEurope?Economic conditions 606 $aMacroeconomics 606 $aFinance, Public 606 $aFinancial Economics 606 $aEuropean Economics 606 $aMacroeconomics and Monetary Economics 606 $aPublic Economics 610 $aEconomics 610 $aFinance, Public 610 $aMacroeconomics 610 $aBusiness & Economics 615 0$aFinance. 615 0$aEurope?Economic conditions. 615 0$aMacroeconomics. 615 0$aFinance, Public. 615 14$aFinancial Economics. 615 24$aEuropean Economics. 615 24$aMacroeconomics and Monetary Economics. 615 24$aPublic Economics. 676 $a332 700 $aBedná?$b Milan$01364816 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910726294203321 996 $aFiscal Policy in the Southern European Union Countries$93386276 997 $aUNINA