STABILITY POLICY DURING ECONOMIC DOWNTURN: INSTITUTIONAL AND INTERVENTIONALISTIC ASPECTS

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Main Author: Regina Paliulyte
Format: Artículo científico
Language:en
Published: Vilniaus Universitetas 2010
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author Regina Paliulyte
author_facet Regina Paliulyte
contents STABILITY POLICY DURING ECONOMIC DOWNTURN: INSTITUTIONAL AND INTERVENTIONALISTIC ASPECTS Regina Paliulyte Economía y Finanzas stability policy national adjustment mechanism economic activity fluctuations flexibility of working relations Institutional and programme flexibility The issue of stable policy became extremely relevant during the recession. Stable policy encompasses recovery of the lost equilibrium, prevention of the undesirable situation and assurance of sustainable economic development. Two competitive decisions of stable policy – intervention and institutional – can be accentuated. Intervention strategy means supply stimulation and balance recovery through fiscal and monetary policy. Institutional stable policy stresses the prevention of unwanted situations through creating a resilient institutional economic structure and freeing the market self-regulation mechanism. The article compares both strategies, analyzes their consequences, influence on the development and depth of the crisis, and possibilities of the national adaptation mechanism. 2010 artículo científico 2424-6166 https://www.redalyc.org/articulo.oa?id=692273742002 en http://www.redalyc.org/revista.oa?id=6922 Ekonomika application/pdf Vilniaus Universitetas Ekonomika (Lituania) Num.4 Vol.89
format Artículo científico
id redalyc_692273742002
institution Redalyc
language en
publishDate 2010
publisher Vilniaus Universitetas
spellingShingle STABILITY POLICY DURING ECONOMIC DOWNTURN: INSTITUTIONAL AND INTERVENTIONALISTIC ASPECTS
Regina Paliulyte
Economía y Finanzas
stability policy
national adjustment mechanism
economic activity fluctuations
flexibility of working relations
Institutional and programme flexibility
STABILITY POLICY DURING ECONOMIC DOWNTURN: INSTITUTIONAL AND INTERVENTIONALISTIC ASPECTS Regina Paliulyte Economía y Finanzas stability policy national adjustment mechanism economic activity fluctuations flexibility of working relations Institutional and programme flexibility The issue of stable policy became extremely relevant during the recession. Stable policy encompasses recovery of the lost equilibrium, prevention of the undesirable situation and assurance of sustainable economic development. Two competitive decisions of stable policy – intervention and institutional – can be accentuated. Intervention strategy means supply stimulation and balance recovery through fiscal and monetary policy. Institutional stable policy stresses the prevention of unwanted situations through creating a resilient institutional economic structure and freeing the market self-regulation mechanism. The article compares both strategies, analyzes their consequences, influence on the development and depth of the crisis, and possibilities of the national adaptation mechanism. 2010 artículo científico 2424-6166 https://www.redalyc.org/articulo.oa?id=692273742002 en http://www.redalyc.org/revista.oa?id=6922 Ekonomika application/pdf Vilniaus Universitetas Ekonomika (Lituania) Num.4 Vol.89
title STABILITY POLICY DURING ECONOMIC DOWNTURN: INSTITUTIONAL AND INTERVENTIONALISTIC ASPECTS
topic Economía y Finanzas
stability policy
national adjustment mechanism
economic activity fluctuations
flexibility of working relations
Institutional and programme flexibility
url https://www.redalyc.org/articulo.oa?id=692273742002