Growth Enhancing Policies under Fiscal Austerity

• Thesis title in Czech: Prorůstové politiky v podmínkách fiskální restrikce
• Thesis title in English: Growth Enhancing Policies under Fiscal Austerity
• Key words: ekonomický růst, prorůstová politika, fiskální restrikce, Evropská unie
• English key words: economic growth, growth enhancing policy, fiscal austerity, European Union
• Academic year of topic announcement: 2011/2012
• Thesis type: Bachelor's thesis
• Thesis language: angličtina
• Department: Institute of Economic Studies (23-IES)
• Supervisor: doc. Ing. Pavel Mertlík, CSc.
• Author: hidden - assigned by the advisor
• Date of registration: 06.06.2012
• Date of assignment: 06.06.2012
• Date and time of defence: 20.06.2013 00:00
• Venue of defence: IES
• Date of electronic submission: 16.05.2013
• Date of proceeded defence: 20.06.2013
• Opponents: Mgr. Adrian Lupusor, BA, M.A.

References

Alesina, A., Favero, C. and F. Giavazzi, (2012) “The Output Effect of Fiscal Consolidations.” NBER Working Paper No. 18336, National Bureau Of Economic Research
Broadbent B. and K. Daly (2010), “Limiting the Fall-Out from Fiscal Adjustment.” Global Economics Paper No. 195, Goldman Sachs Global Economics, Commodities and Strategy Research
Chowdhury, A. and I. Islam (2012), “The Debate on Expansionary Fiscal Consolidation: How Robust is the evidence?“ The Economic and Labour Relations Review 23(3): pp. 13–38
DeLong J., B., and L. H. Summers (2012), “Fiscal Policy in a Depressed Economy.” Brookings Papers on Economic Activity, Spring 2012
IMF, (2010), “Will it Hurt? Macroeconomic Effects of Fiscal Consolidation”, World Economic Outlook: Recovery, Risk, and Rebalancing, pp. 93 – 124
Gravelle, J. and T. Hungerford (2013), “Can Contractionary Fiscal Policy Be Expansionary?” Congresional Research Service

Preliminary scope of work

Ve své bakalářské práci se budu zabývat možnostmi zemí Evropské unie aplikovat prorůstovou hospodářskou politiku, jako nástroj oživení ekonomiky, v kontextu úsporných opatření a přísné fiskální discipliny, ke kterým se již většina zemí zavázala. Budu zkoumat možnosti podpory růstu ekonomiky v nynějším období dluhové krize a diskutovat způsoby současné implementace růstových opatření a politiky fiskální discipliny. Na základě makroekonomických dat pro určenou skupinu evropských zemí budu srovnávat typy hospodářských opatření.

Preliminary scope of work in English

In my thesis I will examine the possibilities of EU countries to apply pro-growth economic policies as an instrument of economic recovery in the context of austerity and strict fiscal discipline, to which most countries have already committed. I will explore possibilities to support economic growth in the current debt crisis and discuss ways to implement the same time pro-growth policy measures and fiscal discipline. Based on macroeconomic data for a specific group of European countries I will compare different types of economic policy.