Fiscal Policy

Impact of Fiscal policy on economic growth: A case of EU countries

The global public authorities have responded to the economic and financial crisis of the last decade by implementing effective fiscal policy (Maşca et al., 2015). Fiscal policy is mainly targeted for short-term objectives. Unfortunately, it has been found that the long-term consideration of fiscal policy is not significant or favourable due to its collateral effects on the countries’ economic growth (Adedoyin et al., 2020).