THE FISCAL-BUDGETARY POLICY MIX AND GENERAL EQUILIBRIUM IN THE CONTEXT OF THE ECONOMIC-FINANCIAL CRISIS

Alina Georgiana Solomon ()
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Alina Georgiana Solomon: Dimitrie Cantemir Christian University of Bucharest, Faculty of Finances, Banks and Accountancy

Internal Auditing and Risk Management, 2013, vol. 30, issue 1, 55-64

Abstract: The existence of fiscal theories in economic activity was perceived differently from one historical stage to another, from one state to another or from one community to another, depending on the economic and social development of each of them. Therefore, the development of fiscal policy theories has contributed to the growth and development of the economic potential of the society in general and to meet the social needs of the population in particular. The research theme "The fiscal-budgetary policy mix and general equilibrium in the context of the economic-financial crisis" encompasses a wide range of the fiscal domain, with implications for social stability and economic development that allows to identify key elements, among which saving, investment and the existence of budget revenues and expenditures, which analyzed together will participate to the "general equilibrium" model in the work of J. M. Keynes and his P. A. Samuelson.

Keywords: savings; investments; demand; fiscal policy (search for similar items in EconPapers)
Date: 2013
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