Nordic Economic Policy Review 2024

Fiscal Policy in Uncertain Times

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Abstract
The Global Financial Crisis, the COVID-19 pandemic, and the Russian invasion of Ukraine have had vastly negative effects on economies and increased the risk of political instability in all corners of the world. One particular consequence has been a renewed interest in the efficiency of conventional macroeconomic policies, fiscal policy in particular. This edition of the Nordic Economic Policy Review, provides a rich perspective on fiscal stabilisation in Nordic countries, highlighting different challenges in managing national economies during uncertain times.