THE COVID-19 PANDEMIC AND ITS ECONOMIC, SOCIAL, AND POLITICAL IMPACTS
Özet
The rapid spread of COVID-19 virus in the world has impacted a great deal upon social and economic
life as well, causing elements of uncertainties that threaten the human health. For this reason, some economists
argue that global economy is moving fast towards a state of crisis. It is now necessary to assess the efficiency
of the fiscal policies to address a potential crisis in the presence of pessimistic scenarios because the structural
differences between developing and developed economies affect the efficiency of the fiscal/monetary
instruments. To better identify the more effective fiscal policy for Turkish economy, a fiscal multiplier
calculation was performed, followed by the trend of change in the multiplier since 1960, concluding that
government spending is more effective policy in addressing the approaching crisis. Based on the findings,
ideal fiscal policies were recommended.
Bağlantı
http://hdl.handle.net/20.500.12627/4110http://iupresswork.com/data/kitaplar/COVID-19-EN.pdf
Koleksiyonlar
- Kitapta Bölüm [13988]