2019
DOI: 10.4000/eces.4068
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Crise e austeridade no Sul da Europa: impacto nas economias e sociedades

Abstract: This article discusses the economic and social impact of the 2008 crisis and its related austerity policy on South European countries (SEC). Damages caused by these policies includes the decrease in GDP, the increase in unemployment and precariousness, especially amongst the younger population, and the worsening of social services. SEC health systems have also been seriously affected by the crisis, with a particular impact on the most vulnerable social groups, as a result of the decrease in public health expen… Show more

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Cited by 15 publications
(21 citation statements)
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References 11 publications
(8 reference statements)
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“…On the other hand, results are directly related to the specific socioeconomic impact of the crisis in Greece (eg, very high unemployment rate) 69. Though the selected four countries were of the most affected by sustained declines in GDP between 2008 and 2013 among EU countries, Greece was by far the worst where GDP per capita reduced by 23.6% between 2009 and 2014 71 72…”
Section: Discussionmentioning
confidence: 99%
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“…On the other hand, results are directly related to the specific socioeconomic impact of the crisis in Greece (eg, very high unemployment rate) 69. Though the selected four countries were of the most affected by sustained declines in GDP between 2008 and 2013 among EU countries, Greece was by far the worst where GDP per capita reduced by 23.6% between 2009 and 2014 71 72…”
Section: Discussionmentioning
confidence: 99%
“…Austerity measures were either officially and strictly (Portugal, Greece) or unofficially and less strictly (Spain) imposed by Troika (Portugal, Greece, Spain) or self-imposed (Italy) 50. Greece, Portugal and Spain applied austerity measures (signed bailout in Greece and Portugal and not-signed bailout in Spain) and received debt aid in return 21 73. Italy self-imposed similar structural reforms 21 73.…”
Section: Discussionmentioning
confidence: 99%
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“…The Troika agreed with Cyprus, Greece, Ireland, and Portugal on specific economic adjustment programs that also included measures to reduce government spending in the healthcare sector to control deficits [4][5][6][7]. Besides the countries mentioned above, other countries such as Italy and Estonia also applied austerity measures to reduce public spending on healthcare, albeit at different levels, even though the Troika did not impose austerity upon these countries [8,9]. These applied austerity measures can be understood as part of the predominant neoliberal policy scheme when placing it into a broader perspective.…”
Section: Introductionmentioning
confidence: 99%
“…The effects of fiscal rigidity measures produced changes in European policy trends [4,5] and weakened the living conditions of citizens in European countries, particularly in southern Europe [6,7]. Several studies have highlighted the consequences of the crisis on Mediterranean countries, such as fiscal austerity impacts [8], GDP decrease and worsening socioeconomic impacts [9], and labour market impacts [10]. The financial efforts increased the obligations of these countries with the banking systems, not contributing structurally to public budget balance, leading to more rigid consequences in the economic and social recovery of these countries [11,12].…”
Section: Introductionmentioning
confidence: 99%