FISCAL AND QUASI-FISCAL MEASURES IN FACE OF THE COVID-19 PANDEMIC: SELECTED INTERNATIONAL EXPERIENCES

Autor: Renan Ferreira de Araujo, Vítor Alves, Newton Gracia da Silva, João Guilherme Marques Augusto Monteiro, Alex Wilhans Antonio Palludeto, Roberto Alexandre Zanchetta Borghi
Jazyk: English<br />Spanish; Castilian<br />Portuguese
Rok vydání: 2021
Předmět:
Zdroj: Revista Tempo do Mundo, Iss 26, Pp 35-66 (2021)
Druh dokumentu: article
ISSN: 2176-7025
2675-150X
DOI: 10.38116/rtm26art1
Popis: In face of the Covid-19 pandemic, the active adoption of fiscal policy has been essential to mitigate both sanitary and socioeconomic effects. This paper aims to analyze and compare fiscal and quasi-fiscal measures implemented over 2020 by five countries: China, United States, Germany, United Kingdom and Brazil. In some cases, the amount of resources surpassed 20% of gross domestic product (GDP), showing the importance of such measures. In light of these selected experiences, the complementarity between sanitary and economic measures is highlighted, thus reinforcing the need for coordination between them for effectively coping with the pandemic impacts. Among countries, efforts in both sanitary policies and fiscal and quasi-fiscal resource allocation have been very diverse, directly affecting the evolution of their respective sanitary and socioeconomic conditions.
Databáze: Directory of Open Access Journals