Public Expenditure Evolution in EU4 Countries

Daniela-Georgeta Beju and Maria Ciupac-Ulici
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Daniela-Georgeta Beju: „Babes-Bolyai” University

Finante - provocarile viitorului (Finance - Challenges of the Future), 2014, vol. 1, issue 16, 103-113

Abstract: In contemporary society, the economy is the main pillar on which the state is based and life society is directly influenced by its evolution.So, development, or rather growth affects the smooth running of things, but this in turn is influenced by the decisions taken by individuals from government institutions, the ability of people to make profitable investments, but also to manage it more efficiently.The paper aims to highlight the importance of knowledge in public spending system, because the local communities or nations have to be awareness that nowhere can not consume more than they produce, and when this happens, the social-economic progress is endangered, so burden and poverty population are inevitable consequences. The study is based on analysis of public expenditure system in four Eastern European countries (Czech Republic, Romania, Slovakia, Hungary) in the period 2000-2013.

Keywords: public expenditure; economic growth; public sector; income (search for similar items in EconPapers)
JEL-codes: H54 H57 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:103-113

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