BUILDING A STRONG ECONOMIC GOVERNANCE FRAMEWORK FOR THE CHALLENGES AHEAD
BUILDING A STRONG ECONOMIC GOVERNANCE FRAMEWORK FOR THE CHALLENGES AHEAD
Author(s): Dragoș Mihai UngureanuSubject(s): Supranational / Global Economy, Governance, Economic policy, Comparative politics, Health and medicine and law, EU-Accession / EU-DEvelopment, Fiscal Politics / Budgeting
Published by: Editura Fundaţiei România de Mâine
Keywords: macroeconomic imbalances; rising inflation; economic slowdown; economic governence reforms;
Summary/Abstract: The policy responses to the COVID-19 crisis and the Russian invasion of Ukraine seems not to be enough to fight against macroeconomic imbalances, and further action should be taken to avoid an upcoming recession. The sharp rise in inflation under the pressure of energy, food and other commodity prices is hitting a global economy. Reforms have generally been made in reaction to weaknesses in the framework that nations have been exposed mostly in moments of economic crisis.
Journal: Annals of Spiru Haret University. Economic Series
- Issue Year: 23/2023
- Issue No: 3
- Page Range: 27-38
- Page Count: 12
- Language: English
