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indebtedness

Recenzió: Könnyelmű verdikt – Az államadósság védelmében

Kovacs, O. (2022): Könnyelmű verdikt az államadósság fölött / Light-hearted Verdict over Public Debt/. Review article in Hungarian, Eichengreen, B.–El-Ganainy, A.–Esteves, R.–Mitchener, K. J.: In Defense of Public Debt. Oxford University Press, p. 313, Economic Review, Vol. 69., March 2022, pp. 413-418 What the book says, by the way, is not that we can see debt accumulation as a path to salvation and ordinary happine
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Dependent Uncertainties and Governance

Kovács, O. (2013): Dependent Uncertainties and Governance. News of the Month, ICEG European Center, October 2013 pp. 4-10. In this article we devote attention to uncertainties and their implications on governance, particularly on fiscal governance. We argue that a prone to high uncertainties is an embedded feature of our time and national fiscal governance should consolidate with a more systemic view to cope with ind
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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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