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Book Review: Fiscal Policy Under Low Interest Rates (Olivier Blanchard)

Review: Fiscal Policy for Eternity: Review of Olivier Blanchard’s Fiscal Policy Under Low Interest Rates

Kovacs, O. (2023): Fiscal Policy for Eternity – Public Debt: Devil or Messiah? /in Hungarian/ Review of Olivier Blanchard’s Fiscal Policy Under Low Interest Rates, MIT Press, US, 2022/2023, p. 176, Economic Review, Vol. 70., No. 1, pp. 103-110 The opinion canon of mainstream economics is being broken by more and more dissonant voices, the source of which is the mainstream itself. Therefore, we can attribu
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Deficit and Debt in Transition. The Political Economy of Public Finances in Central and Eastern Europe

Kovács, O. (2016): Benczes, István (ed.) (2014): Deficit and Debt in Transition. The Political Economy of Public Finances in Central and Eastern Europe. Central European University Press, Budapest, 250 p. Külgazdaság, Vol. 60., No. 3-4, pp. 101-107. A kötet újdonságértékét legfőképpen az adja, hogy a politikai gazdaságtani megközelítést az átalakuló, posztszocialista országokra, vagyis a kelet és közép-európai ország
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Innovative Fiscal Policy in the Context of Sustainability

Kovács, O. (2011): Innovative Fiscal Policy in the Context of Sustainability. In: Hanna, L. – Vehmas, J. (2011): Trends and Future of Sustainable Development Conference Proceedings. Proceedings of the Conference “Trends and Future of Sustainable Development” 9-10 June 2011, Tampere, Finland. pp. 274-286 Our article addresses the question of what kind of fiscal policy could properly contribute to the requirements of f
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The Economic Justification of Fiscal Sustainability (in Hungarian)

Kovács, O. (2011): A fiskális fenntarthatóság közgazdaságtani megalapozottsága (The Economic Justification of Fiscal Sustainability). Valóság, Vol. XIV, No. 3 A tanulmány szándéka szerint elhelyezi a fiskális fenntarthatóságot a fenntartható fejlődés eszméjének logikai struktúrájába, s igyekszik felhívni a figyelmet az innovatív, vagyis intelligens és egyben holisztikus fiskális politikára. A fenntartható fejlődés ga
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Public Finance – Deficit, Debt and Sustainability

Kovács, O. (2011): István Benczes – Gábor Kutasi (2010): Költségvetési pénzügyek. Hiány, államadósság és fenntarthatóság (Public finance. Deficit, debt and sustainability) (Review). The Economic Review, Vol. 58. pp. 383-387
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Hungarian Parliament Passed the Budget Bill 2010

Kovács, O. (2009): Hungarian Parliament Passed the Budget Bill 2010 in December. News of the Month, ICEG European Center, November-December 2009 pp. 19-23. The paper aspires to answer the question of whether the started fiscal austerity is enough to place the Hungarian economy onto a more sustainable path. It is increasingly accepted that fiscal sustainability positively contributes to the economic growth in the long
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