scholarly journals Social capital and the impact of the recent economic crisis: Comparing the effects of economic and fiscal policy developments

2020 ◽  
Vol 54 (7) ◽  
pp. 1141-1159 ◽  
Author(s):  
Felix Hörisch ◽  
Peter Obert
Keyword(s):  
Social Capital ◽  
Fiscal Policy ◽  
Economic Crisis ◽  
The Impact

scholarly journals Robin Hood versus Piggy Bank: Income redistribution in Portugal 2006-2010

2014 ◽  
Vol 61 (5) ◽  
pp. 617-630 ◽  
Author(s):  
Carlos Rodrigues ◽  
Isabel Andrade
Keyword(s):  
Fiscal Policy ◽  
Welfare State ◽  
Economic Crisis ◽  
Policy Instruments ◽  
Income Redistribution ◽  
Income Taxes ◽  
Robin Hood ◽  
Cost Efficient ◽  
The Impact ◽  
Redistributive Effect

The redistributive effect of the Portuguese welfare state through pensions, benefits and income taxes is investigated in detail over the 2006- 2010 period using disposable income as benchmark. All social and fiscal policy instruments analysed contribute significantly to the reduction in inequality and poverty, with benefits other than pensions being the most cost-efficient. However, the impact of the economic crisis and austerity policies implemented from 2010 has reversed the previous trends and affected negatively the efficacy and efficiency of all instruments.

scholarly journals The European Parliament and the negotiation of the Multiannual Financial Framework

2016 ◽  
Vol 2 ◽  
pp. 167-185
Author(s):  
Tomasz Grzegorz Grosse
Keyword(s):  
Fiscal Policy ◽  
Economic Crisis ◽  
European Parliament ◽  
Relative Power ◽  
European Policy ◽  
Political Role ◽  
Financial Framework ◽  
The Impact

The paper examines the role of the European Parliament in the process of adopting the MFF for 2014–2020. Th is particular case is attention-worthy for at least two reasons: firstly, it demonstrates the actual political role of the EP in relation to fiscal policy, where this institution’s power is much weaker than in other regulatory matters. Secondly, it illustrates the role of the EP during a period of economic crisis, and therefore at a time when the impact of the intergovernmental factor on European policy was much increased. In doing so, the author will verify three hypotheses. The first is that although the legislative competences of the EP are rising steadily, this does not mean that the relative power of this institution is also on the ascent, i.e. to a comparison with intergovernmental institutions. Secondly, the author is to consider whether the activity of the EP is not primarily used for the purposes of political legitimisation and marketing. Thirdly, he is to verify the claim that the EP is a platform for the development of supranational elites.Parlament Europejski a negocjacje nad Wieloletnią Perspektywą FinansowąCelem artykułu jest analiza roli Parlamentu Europejskiego PE w procesie stanowienia Wieloletnich Ram Finansowych na lata 2014-2020. Autor podejmuje próbę weryfikacji trzech hipotez, które niekiedy występują w literaturze dotyczącej parlamentaryzmu europejskiego. Po pierwsze, wprawdzie kompetencje ustawodawcze PE systematycznie rosną, jednak nie oznacza to, że wzrasta władza polityczna tej instytucji w UE. Dotyczy to zwłaszcza władzy względnej, a więc w odniesieniu do tej, jaką dysponują instytucje międzyrządowe. Po drugie, aktywność PE służy przede wszystkim celom legitymizacyjnym w UE. Po trzecie, PE jest platformą dla rozwoju elit europejskich lub ponadnarodowych.

The impact of economic crisis on mental and physical health in Italy

2017 ◽  
Vol 14 (02) ◽  
pp. 103-110
Author(s):  
S. Tomassi ◽  
M. Ruggeri
Keyword(s):  
Mental Health ◽  
Physical Health ◽  
Economic Crisis ◽  
Social Determinants ◽  
Great Recession ◽  
Economic Recession ◽  
Behavioural Disorders ◽  
Economic Activities ◽  
The Impact ◽  
Mental And Physical Health

Summary Background: The global crisis that began in 2007 has been the most prolonged economic recession since 1929. It has caused worldwide tangible costs in terms of cuts in employment and income, which have been widely recognised also as major social determinants of mental health (1, 2). The so-called “Great Recession” has disproportionately affected the most vulnerable part of society of the whole Eurozone (3). Across Europe, an increase in suicides and deaths rates due to mental and behavioural disorders was reported among those who lost their jobs, houses and economic activities as a consequence of the crisis.

Economic Significance of Social Capital

2011 ◽  
pp. 46-65 ◽  
Author(s):  
L. Polishchuk ◽  
R. Menyashev
Keyword(s):  
Social Capital ◽  
Collective Action ◽  
Common Good ◽  
Economic Conditions ◽  
Formal Institutions ◽  
Transmission Channels ◽  
Economic Significance ◽  
Bonding And Bridging ◽  
The Impact

The paper deals with economics of social capital which is defined as the capacity of society for collective action in pursuit of common good. Particular attention is paid to the interaction between social capital and formal institutions, and the impact of social capital on government efficiency. Structure of social capital and the dichotomy between its bonding and bridging forms are analyzed. Social capital measurement, its economic payoff, and transmission channels between social capital and economic outcomes are discussed. In the concluding section of the paper we summarize the results of our analysis of the role of social capital in economic conditions and welfare of Russian cities.

Competition Policy under Economic Crisis

2009 ◽  
pp. 54-69 ◽  
Author(s):  
A. Shastitko ◽  
S. Avdasheva ◽  
S. Golovanova
Keyword(s):  
Division Of Labor ◽  
Economic Crisis ◽  
Industrial Policy ◽  
Competition Policy ◽  
Transition Economy ◽  
Economic Recession ◽  
Price Rigidity ◽  
Key Factor ◽  
Policy Measures ◽  
The Impact

The analysis of competition policy under economic crisis is motivated by the fact that competition is a key factor for the level of productivity. The latter, in its turn, influences the scope and length of economic recession. In many Russian markets buyers' gains decline because of the weakness of competition, since suppliers are reluctant to cut prices in spite of the decreasing demand. Data on prices in Russia and abroad in the second half of 2008 show asymmetric price rigidity. At least two questions are important under economic crisis: the 'division of labor' between pro-active and protective tools of competition policy and the impact of anti-crisis policy on competition. Protective competition policy is insufficient in transition economy, especially in the days of crisis it should be supplemented with the well-designed industrial policy measures which do not contradict the goals of competition. The preferable tools of anti-crisis policy are also those that do not restrain competition.

DAMPAK KEBIJAKAN FISKAL TERHADAP KINERJA SEKTOR PERTANIAN DI SULAWESI TENGGARA

2017 ◽  
Vol 1 (1) ◽  
Author(s):  
La Ode Jabuddin ◽  
Ayub M Padangaran ◽  
Azhar Bafadal Bafadal
Keyword(s):  
Fiscal Policy ◽  
Interest Rates ◽  
Agricultural Sector ◽  
Simultaneous Equations ◽  
Poor People ◽  
Land Area ◽  
Factors Affecting ◽  
Historical Simulation ◽  
The Impact ◽  
Direct Expenditure

This study aims to: (1) Knowing the dynamics of fiscal policy and the performance of the agricultural sector, (2) Analyze the factors that influence fiscal policy and the performance                   of the agricultural sector, and (3) Analyzing the impact of fiscal policy on the performance of the agricultural sector. The data used in this study were pooled 2005-2013 data in the aggregate. Econometric model the impact of fiscal policy on the performance of the agricultural sector is built in the form of simultaneous equations, consisting of 7 equations with 25 total variables in the model, 7 endogenous variables, 12 exogenous variables, and 6 variables lag. The model is estimated by 2SLS method SYSLIN procedures and historical simulation with SIMNLIN procedure.The results showed that: (1) The development of fiscal policy in Southeast Sulawesi from year to year tends to increase, (2) The performance of the agricultural sector from the aspect of GDP has decreased, from the aspect of labor is still consistent, in terms of investment to grow positively, and assign roles which means to decrease the number of poor people, (3) factors affecting fiscal policy is local revenues, equalization funds, other revenues, as well as the lag fiscal policy, (4) the factors that affect the performance of the agricultural sector from the aspect GDP is labor, direct expenditure and GDP lag; from the aspect of labor is the total labor force, investment, land area, direct expenditure, as well as the lag of labor; from the aspect of investment is influenced by GDP per capita, land area, interest rates and investment lag; as well as from the aspect of poor people, are affected by population, investments, direct expenditure and poverty lag, (5). Fiscal policy impact on the agricultural sector GDP increase, a decrease in the number of poor, declining agricultural laborers, and a decrease in the amount of investment in the agricultural sector.Keywords: Fiscal policy, the performance of the agricultural sector, the simultaneous equations

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