Fiscal policy – an instrument for achieving economic and social balance

Alina Georgiana Holt and Dan Craciunescu
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Dan Craciunescu: Constatin Brancusi University of Targu Jiu, Romania

Annals - Economy Series, 2009, vol. 3, 307-320

Abstract: The fiscal policy construction developped at national level is focused on the maintenance of the macroeconomic stability process in order to achieve the nominal and real convergence criteria concerning the membership of the Romanian economy to the European Union integrated monetary space. The orientation of the fiscal national policy is subdue to some major constraints regarding her capacity of ensuring the external sustenance, of developping the non-inflation process, of forming and consolidating the financing resources necessary to the accomplishment of the post-adhesion engagements assumed by Romania as a member state of the European Union.

Keywords: Fiscal policy; economic crisis; fiscal policy; to stabilize the economy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2009:v:3:p:307-320

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