Lentner, Csaba; Nagy, Vitéz - 2021
The global financial and economic crisis of 2007 and 2008 entailed a sharp deterioration of fiscal positions worldwide … reconsideration of the fiscal policy was necessary as a sovereign debt crisis evolved as a result of the world economic crisis in … demonstrating a weak fiscal discipline and sunk in a fiscal crisis even before the global economic crisis of 2007 and 2008 – has …