Austeritätspolitik in Estland: die Reaktionen der Wähler auf die Genommene Sparmassnhamen Während der Finanz – und Wirtschaftskrise 2008-2011
Keywords: euro area, austerity, fiskal consolidation, social impact, electoral behavior
AbstractDuring the latest global financial crisis, austerity as a concept has been described as the best possible and inevitable solution to achieve fiscal consolidation in Europe and in the euro zone. But even considering austerity as an economically rational measure, the politicians of most EU member states’ have introduced the austerity measures only to a limited extent or have chosen less stressful and politically less risky strategies. Estonian politicians, having earlier shock therapy experience from the years of re-independence, were among few European governments, who decided to adopt austerity measures with its economic and social consequences. Against all theoretical and rhetorical expectations they remained in power. The aim of the article is to analyze why austerity has not triggered negative political reaction of citizens, as expected in theoretical models as well feared by politicians, and was it caused by specific socio-cultural factors or well-planned strategy of government
Download data is not yet available.
How to Cite
Kulu, L., & Veebel, V. (1). Austeritätspolitik in Estland: die Reaktionen der Wähler auf die Genommene Sparmassnhamen Während der Finanz – und Wirtschaftskrise 2008-2011. Estonian Discussions on Economic Policy, 22(1). https://doi.org/10.15157/tpep.v22i1.1369
Articles. Artikeln. Artiklid
Copyright (c) 2016 Estonian Discussions on Economic Policy
This work is licensed under a Creative Commons Attribution 4.0 International License.The publication Estonian Discussions on Economic Policy uses the Creative Commons Attribution 4.0 License. With the delivery of a paper, the author grants to the Board also the right to publish the paper in the journal. The journal has set no obstacles or prohibitions to the authors for the future, and according to the current practice, authors subsequently use their paper as they consider it appropriate. Authors are personally responsible for the content, correct spelling and formatting of their publications.