Skip to main content

Sage Social Science Thesaurus

Search from vocabulary

Content language

Concept information

social science subjects > economics > economic systems > capitalism > fiscal crisis
... > social science subjects > politics and international relations > political science > comparative politics > economic systems > capitalism > fiscal crisis
... > social science subjects > sociology > social theory > macrosociological theories > capitalism > fiscal crisis
... > social science subjects > economics > economic concepts > political economy > capitalism > fiscal crisis
... > social science subjects > politics and international relations > political science > political economy > capitalism > fiscal crisis

Preferred term

fiscal crisis  

Definition

  • A fiscal crisis may occur when a deficit develops between a state's expenditures and its tax revenues, which result in a rising and unsustainable level of government debt. Fiscal crises are characterized by a financial, economic, and technical dimension, on the one hand, and a political and social dimension, on the other. [Source: Encyclopedia of Governance; Fiscal Crisis]

Broader concept

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/fiscal_crisis

Download this concept:

RDF/XML TURTLE JSON-LD