From Glory to Despair: State Crisis and the Lessons of Greek and Irish Cases Cover Image

Од сјаја до очаја: криза државе и поуке из грчког и ирског случаја
From Glory to Despair: State Crisis and the Lessons of Greek and Irish Cases

Author(s): Vladimir V. Prvulović, Vladimir Vučković
Subject(s): National Economy, Supranational / Global Economy, Economic policy, Transformation Period (1990 - 2010), Fiscal Politics / Budgeting
Published by: Институт за политичке студије
Keywords: Greece; Ireland; eurozone; economic crisis; budget deficit; public debt;

Summary/Abstract: The economic crisis in 2008 spilled from financial markets to various segments of the economy and society. During the past year, crisis has mutated into a crisis of public finance in some European countries, primarily Greece and Ireland. We discuss the causes of the crisis, the consequences of the crisis and the anti-crisis measures at the national and international level. The aim is to review the common factors of the crisis and to consider whether they are specific to certain countries and economic environment or their experiences can serve as a general warning to modern states, including Serbia.

  • Issue Year: 2011
  • Issue No: 1
  • Page Range: 261-279
  • Page Count: 19
  • Language: Serbian