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Concept information

... > social science subjects > economics > economic concepts > political economy > capitalism > fiscal crisis
... > social science subjects > politics and international relations > political science > political economy > capitalism > fiscal crisis
... > social science subjects > sociology > social theory > macrosociological theories > capitalism > fiscal crisis
... > social science subjects > politics and international relations > political science > comparative politics > economic systems > capitalism > fiscal crisis
social science subjects > economics > economic systems > capitalism > fiscal crisis

Preferred term

fiscal crisis  

Definition(s)

  • A fiscal crisis may occur when a deficit develops between a state's expenditures and its tax revenues, which result in a rising and unsustainable level of government debt. Fiscal crises are characterized by a financial, economic, and technical dimension, on the one hand, and a political and social dimension, on the other. [Source: Encyclopedia of Governance; Fiscal Crisis]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-MJLMVVZT-0

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