THE IMPLICATIONS OF ECONOMIC THEORIES IN FISCAL POLICY IN TERMS OF GOVERNMENT EXPENDITURES

Alina Daniela Voda, Gabriela Dobrota and Loredana Andreea Cristea
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Alina Daniela Voda: Lucian Blaga University of Sibiu
Gabriela Dobrota: Constantin Brancusi University of Targu Jiu
Loredana Andreea Cristea: Lucian Blaga University of Sibiu

Revista Economica, 2021, vol. 73, issue 2, 122-132

Abstract: The economic theories are considered desideratum in identifying the main problems of ensuring fiscal sustainability. The present study is a theoretical one and its purpose is to make an in-depth analysis of the economic theories that were imposed in determining the instruments for applying fiscal policies, focusing in particular on the implications brought by government expenditures. Thus, results revealed that the economic theories will remain only a foundation in the application of fiscal policies, and the most important aspect regarding the identification of the economic reality is given by its in-depth study.

Keywords: Economic Theories; Government Expenditures; Fiscal Policy (search for similar items in EconPapers)
JEL-codes: E12 E62 H72 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:73:y:2021:i:2:p:122-132

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