WESTERN BALKANS - BETWEEN ECONOMIC CRISIS AND EUROPEAN PERSPECTIVE –
WESTERN BALKANS - BETWEEN ECONOMIC CRISIS AND EUROPEAN PERSPECTIVE –
Author(s): Cristina GăluşcăContributor(s): Iulia NASTASIE (Translator)
Subject(s): National Economy, Economic policy, Government/Political systems, Comparative politics, Fiscal Politics / Budgeting
Published by: Centrul tehnic-editorial al armatei
Keywords: fiscal policies; recession; political perspective; financial stability; economic boom; European Commission;
Summary/Abstract: This article takes an approach to certain aspects of the current financial crisis through the perspective of the economic situation of some countries such as Albania, Bosnia-Herzegovina, Croatia, Kosovo, FYROM, Montenegro and Serbia. Before pointing out the economic characteristics of each of these countries, the author reviews a set of proposals meant to redress the world economy, which were issued by the Central European Bank: to introduce new fiscal rules in national legislations, to punish the countries that break the rules continuously; to monitor and enforce more dynamically the provisions of the Stability and Growth Pact; to improve correction mechanisms; to make a set of propositions to enhance European economy etc.
Journal: Romanian Military Thinking
- Issue Year: 2011
- Issue No: 4
- Page Range: 138-156
- Page Count: 19
- Language: English
