SOME CONSIDERATIONS ON THE GOVERNMENT INVOLVEMENT IN TOURISM DEVELOPMENT THROUGH FISCAL AND MONETARY MEASURES
SOME CONSIDERATIONS ON THE GOVERNMENT INVOLVEMENT IN TOURISM DEVELOPMENT THROUGH FISCAL AND MONETARY MEASURES

Summary/Abstract: Government involvement in tourism is determined by the importance of this sector in the national economy and its specificity compared with other sectors of production. The paper analyzes the main fiscal and monetary measures by the government can influence, directly or indirectly, the development of the tourism sector. Variables considered are the degree of taxation, interest rate and exchange rate. The paper will show that after 1989, economic policy measures taken by governments that have led Romania had a negative impact, both for the economy as a whole, but also on the tourism sector. Comparative analysis performed in several countries, taking into account several variables, shows that there were other solutions to boost Romanian tourism through the fiscal and monetary policies.

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