SUSTAINABILITY OF FISCAL POLICY. CASE OF ROMANIA
SUSTAINABILITY OF FISCAL POLICY. CASE OF ROMANIA
Author(s): Ionut- Catalin CroitoruSubject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: sustainability; fiscal policy; public debt; structural deficit; out-put gap
Summary/Abstract: The Sustainability of fiscal policy is one of the key concerns of each state, especially in periods of macroeconomic imbalance. This study aims to explore the concept of sustainability of Romanian’s fiscal policy. The analysis starts from the definition of sustainability of fiscal policy and its assessment methods. The work is based on the idea that a sustainable fiscal policy ensure sufficient financial resources for long-term to reduce public debt to GDP weighting and provide permits for growth. Are also considered the circumstantial influences that affecting the decisions of a fiscal nature.
Journal: Revista tinerilor economişti
- Issue Year: 2012
- Issue No: 18
- Page Range: 13-22
- Page Count: 1
- Language: English