Fiskalna konsolidacija je strategija koja ima za cilј smanjenje fiskalnih deficita i nivoa javnog duga. Ovaj esej istražuje teorijske osnove fiskalne konsolidacije. Rad počinje objašnjenjem pojma fiskalne konsolidacije, sugeriše zašto je potrebna fiskalna konsolidacija i objašnjava kako se ona može postići. S obzirom na diskusije među ekonomistima i kreatorima fiskalne politike vezanim za način sprovođenja programa fiskalne konsolidacije, u radu je dat pregled suprotstavlјenih stavova na osnovu pregleda literature. Zatim se analiziraju efekti fiskalne konsolidacije na ekonomiju i društvo, uklјučujući njen uticaj na ekonomski rast, inflaciju, nezaposlenost i socijalnu politiku. Rad takođe sumira kritike i nedostatke fiskalne konsolidacije kao politike, uklјučujući njenu procikličnost i socijalne posledice. Ovaj rad pruža suštinske spoznaje o politikama, merama i efektima koji različiti planovi fiskalne konsolidacije imaju, a može poslužiti kao korisna osnova za dalјe istraživanje ove teme.

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