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Hogyan segítheti elő a fiskális politika a valutaválságok megelőzését?
[How can fiscal policy help to avert currency crises?]

Author

Listed:
  • Kopits, György

Abstract

A tanulmány azoknak a feltörekvő piacú gazdaságoknak a válságperiódusait tekinti át, amelyek az 1990-es években rögzített - fix vagy előre bejelentett csúszó - árfolyamrendszert alkalmaztak. Ezekből az esetekből arra lehet következtetni, hogy nagyfokú tőkemobilitás esetén a jelentős államháztartási deficit - legyen az nyílt vagy rejtett -, illetve a piacnak a költségvetési politika fenntarthatóságában megingott bizalma sebezhetővé teszi ezeket a gazdaságokat a valutaválságokkal szemben. A tanulmány amellett érvel, hogy a jól ütemezett fiskális kiigazítás jelzése, amely kétségtelenné teszi az alapvető strukturális reformintézkedések alkalmazását, csökkenti a válság iránti érzékenységet. Ilyen értelemben az egyre több - feltörekvő piacú - gazdaságban bevezetett makroszintű fiskális szabályok hatékony eszközei lehetnek a valutaválságok megelőzésének.

Suggested Citation

  • Kopits, György, 2001. "Hogyan segítheti elő a fiskális politika a valutaválságok megelőzését? [How can fiscal policy help to avert currency crises?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 279-290.
    • Handle: RePEc:ksa:szemle:384
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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