FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY

Detalhes bibliográficos
Autor(a) principal: Neris Junior, Celso Pereira
Data de Publicação: 2013
Outros Autores: Bertella, Mário Augusto
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/26876
Resumo: The financial crisis of 2007 brought the discussion of fiscal policy. This was used as a way for governments to mitigate the potential social and economic impacts of the crisis, since only the monetary policy would not be effective. Historically, banking crises engender increases in public debt, not only for the relief operations, but also by the policies of government primary spending and/or, as in the recent crises, by the purchase of the “toxic” financial assets. The discretionary fiscal policy is then discussed, since it is essential, it is required well articulated and coordinated actions in order to mitigate their respective current and future crisis.
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spelling FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICYDA CRISE FINANCEIRA À CRISE DA DÍVIDA SOBERANA: UM DEBATE SOBRE A POLÍTICA FISCALCrise financeiraCrise da dívidaPolítica fiscalE61E62G01H63Financial crisisDebt crisisFiscal policyE61E62G01H63The financial crisis of 2007 brought the discussion of fiscal policy. This was used as a way for governments to mitigate the potential social and economic impacts of the crisis, since only the monetary policy would not be effective. Historically, banking crises engender increases in public debt, not only for the relief operations, but also by the policies of government primary spending and/or, as in the recent crises, by the purchase of the “toxic” financial assets. The discretionary fiscal policy is then discussed, since it is essential, it is required well articulated and coordinated actions in order to mitigate their respective current and future crisis.A crise financeira de 2007 trouxe à tona a discussão sobre a política fiscal. Esta foi empregada como forma dos governos atenuar os impactos econômicos e sociais potenciais da crise, uma vez que apenas o expediente monetário não daria conta do processo. Historicamente, crises bancárias engendram aumentos das dívidas públicas, não somente pelas operações de socorro, mas também pelas políticas de gasto primário dos governos e/ou, como na crise recente, pela compra de ativos financeiros “tóxicos”. A discricionariedade da política fiscal é colocada em discussão, uma vez que, sendo ela imprescindível, requerem-se ações coordenadas e bem articuladas para que os países consigam mitigar suas respectivas crises atuais e futuras.UFRGS2013-04-03info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/2687610.22456/2176-5456.26876Análise Econômica; Vol. 31 No. 59 (2013): março de 2013Análise Econômica; v. 31 n. 59 (2013): março de 20132176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/26876/24856Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessNeris Junior, Celso PereiraBertella, Mário Augusto2013-09-13T18:24:44Zoai:seer.ufrgs.br:article/26876Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2013-09-13T18:24:44Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
DA CRISE FINANCEIRA À CRISE DA DÍVIDA SOBERANA: UM DEBATE SOBRE A POLÍTICA FISCAL
title FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
spellingShingle FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
Neris Junior, Celso Pereira
Crise financeira
Crise da dívida
Política fiscal
E61
E62
G01
H63
Financial crisis
Debt crisis
Fiscal policy
E61
E62
G01
H63
title_short FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
title_full FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
title_fullStr FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
title_full_unstemmed FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
title_sort FROM THE FINANCIAL CRISIS TO THE SOVEREIGN DEBT CRISIS: A DEBATE ON FISCAL POLICY
author Neris Junior, Celso Pereira
author_facet Neris Junior, Celso Pereira
Bertella, Mário Augusto
author_role author
author2 Bertella, Mário Augusto
author2_role author
dc.contributor.author.fl_str_mv Neris Junior, Celso Pereira
Bertella, Mário Augusto
dc.subject.por.fl_str_mv Crise financeira
Crise da dívida
Política fiscal
E61
E62
G01
H63
Financial crisis
Debt crisis
Fiscal policy
E61
E62
G01
H63
topic Crise financeira
Crise da dívida
Política fiscal
E61
E62
G01
H63
Financial crisis
Debt crisis
Fiscal policy
E61
E62
G01
H63
description The financial crisis of 2007 brought the discussion of fiscal policy. This was used as a way for governments to mitigate the potential social and economic impacts of the crisis, since only the monetary policy would not be effective. Historically, banking crises engender increases in public debt, not only for the relief operations, but also by the policies of government primary spending and/or, as in the recent crises, by the purchase of the “toxic” financial assets. The discretionary fiscal policy is then discussed, since it is essential, it is required well articulated and coordinated actions in order to mitigate their respective current and future crisis.
publishDate 2013
dc.date.none.fl_str_mv 2013-04-03
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/26876
10.22456/2176-5456.26876
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/26876
identifier_str_mv 10.22456/2176-5456.26876
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/26876/24856
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 31 No. 59 (2013): março de 2013
Análise Econômica; v. 31 n. 59 (2013): março de 2013
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766267095154688

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