Investigating Government lending during an economic crisis: a comparative analysis of four EU countries

Αποστολόπουλος, Νικόλαος; Psychalis, Marios; Liargovas, Panagiotis; Pistikou, Victoria

doi:10.1080/23745118.2021.1895558

Cited by 5 publications

(3 citation statements)

References 58 publications

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“…The EU policymaking seems to incorporate already such a digitization effort since technology and innovation appear to have a positive impact on GDP growth (Apostolopoulos et al, 2022). The EU Green Deal, being at the epicenter of the European Recovery Strategy, provisions a wide range of initiatives that have the green and digital transition of the economies of the EU members as their focal points (Poufinas, 2022;Wacker et al, 2020).…”

Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

Decreasing Corruption and Increasing Competitiveness through E-Government

Poufinas¹,

Laskareli²,

Agiropoulos³

2023

TEL

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This paper investigates the contribution of e-government and the implementation of digital practices in the daily administrative procedures of the state/ government to the prevention of corruption and the consolidation of transparency in the transactions between citizens and authorities. It focuses in particular on the period 2007-2021, covering the years 2020 and 2021, when the implementation of digital practices skyrocketed in response to the Covid-19 pandemic. The analysis employs a series of variables that represent the development of e-government and the digitization of public procedures and

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Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

Decreasing Corruption and Increasing Competitiveness through E-Government

Poufinas¹,

Laskareli²,

Agiropoulos³

2023

TEL

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“…Not only is the EU founded on Classical and New classical economic assumptions [25] and principles of strict fiscal discipline [26] but also, at the beginning of the 2010s, the economic governance in the EMU was tightened by introducing the Six Pack and the European Semester [27]. Following the pandemic crisis in 2020, the EU activated two unprecedented emergency measures for fiscal expansion, namely, temporarily freezing the Stability and Growth Pact rules and issuing common debt through Next Generation EU (NGEU).…”

Section: Fiscal Policy-more Flexible or Tighten?mentioning

confidence: 99%

Discussing EU Policies and Mechanisms towards the COVID-19 Pandemic Crisis: A Case Study of Greece

Αποστολόπουλος

Psychalis

Liargovas

2022

World

Self Cite

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This paper discusses the effectiveness of EU economic measures towards the pandemic crisis in the case of Greece. As the pandemic crisis was an exogenous and symmetric crisis, EU member states decided to take supply and demand side measures to tackle economic recession. Not only the Recovery plan for Europe (NGEU), but also the Escape Clause, as well as non-standard monetary measures, were implemented in order to achieve growth. Furthermore, fiscal expansion, as well as common debt extraction, using green and social bonds led to higher government spending and sovereign debt. The paper’s research question is “Could fiscal expansion mitigate the economic consequences of pandemic crisis?” In other worlds, the research gap which this paper tries to fill is that for the contemporary EU response to two different crises, the economic and the pandemic. Our analysis, by using a comparative approach, shows that government spending and fiscal expansion is effective in the short-run, as the temporary measures led to higher GDP growth rates and lower unemployment rates, but in the long-run demand side measures led to higher inflation and higher sovereign debt.

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“…A key item is fiscal balance, which can positively influence the growth rate [37] and support the recovery from the pandemic. Nevertheless, fiscal improvement seems to lead to economic growth [38].…”

Section: Hypothesis 2 (H2)mentioning

confidence: 99%

Influence of Fiscal Policies and Labor Market Characteristics on Sustainable Social Insurance Budgets—Empirical Evidence from Central and Eastern European Countries

et al. 2021

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Social protection systems are a key factor for ensuring the long-term sustainability and stability of economies in the European Union, their reform being nowadays present in the political agenda of member states. Aging and the dependence on mandatory levies applied to the employed population on the labor market represent a threat for the sustainability of public social protection systems. In terms of sustainability, our purpose was to highlight the factors influencing social insurance budgets, considering the fiscal policies implemented in six countries of Central and Eastern Europe and their particular labor market characteristics. Therefore, a panel study based on a regression model using the Ordinary Least Squares method (OLS) with cross section random effects was used to determine the correlations between funding sources and labor market specific indicators. The data analyzed led to relevant results that emphasize the dependence of social insurance budgets on positive factors such as the average level of salaries, the share of compulsory social contributions, the unemployment rate, and the human development index, suggesting the continuing need for professional and personal development of the workforce.

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Investigating Government lending during an economic crisis: a comparative analysis of four EU countries

Cited by 5 publications

References 58 publications

Decreasing Corruption and Increasing Competitiveness through E-Government

Decreasing Corruption and Increasing Competitiveness through E-Government

Discussing EU Policies and Mechanisms towards the COVID-19 Pandemic Crisis: A Case Study of Greece

Influence of Fiscal Policies and Labor Market Characteristics on Sustainable Social Insurance Budgets—Empirical Evidence from Central and Eastern European Countries

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