01578pab a2200193 454500008004000000100001800040245010400058260000900162300001500171520094500186650002301131650001801154700001901172773005101191908000601242909001101248999001901259952010601278180718b2013 xxu||||| |||| 00| 0 eng d aRaudla, Ringa aFiscal stress management during the financial and economic crisis: the case of the Baltic Countries c2013 ap.732-742. aThe Baltic countries-Estonia, Latvia, and Lithuania-were severely hit by the global financial and economic crisis in 2008-2011. In response to the crisis, all three states chose to undertake extensive fiscal consolidations. This article examines the strategies adopted by the Baltic governments for managing fiscal stress and consolidating their budgets in the light of the existing literature on cutback budgeting. In all three countries, the governments combined expenditure and revenue measures, with a larger share of adjustment taking place on the expenditure side. Among expenditure measures, a mix of across-the-board and targeted cuts was adopted, though the importance of targeted cuts increased over time. The case studies also indicate that although the theoretical propositions of the cutback budgeting literature point to the correct directions overall, further refinement is needed in several theoretical issues. - Reproduced. aEconomic recession aFiscal policy aKattel, Rainer aInternational Journal of Public Administration aN a103449 c103445d103445 00104070aIIPAbIIPAd2018-07-19hVolume no: 36, Issue no: 10pAR103909r2018-07-19w2018-07-19yAR