P. Kiss, Gábor and Szőke, Katalin and Novák, Dóra (2026) The Role of Government Amidst Global Challenges. FINANCIAL AND ECONOMIC REVIEW, 25 (1). pp. 131-150. ISSN 2415-9271 (print); 2415–928X (online)
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Abstract
The global trends emerging in the 21st century pose new challenges for economies and societies. In addition to individual involvement, many of these challenges require public policy and fiscal action, due to their complexity or scope. The most significant challenges, which have universal impact at the global level and are the subject of our study, are ageing, climate change, the digital revolution, the increasing importance of security policy, growing economic inequality, the rising burdens of public debt and the impact of globalisation on tax revenues. In this essay, we examine the impact of these simultaneous, large-scale trends, which increase budgetary expenditure and reduce revenue, on government budgets.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | government, budget, ageing, climate change, digital revolution, security policy, inequality, public debt |
| Subjects: | H Social Sciences / társadalomtudományok > HJ Public Finance / államháztartás H Social Sciences / társadalomtudományok > HM Sociology / társadalomkutatás |
| SWORD Depositor: | MTMT SWORD |
| Depositing User: | MTMT SWORD |
| Date Deposited: | 02 Apr 2026 09:03 |
| Last Modified: | 02 Apr 2026 09:03 |
| URI: | https://real.mtak.hu/id/eprint/236675 |
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