THE ROLE OF THE STATE IN TRIGGERING AND MANAGING THE PRESENT ECONOMIC-FINANCIAL CRISIS

Mirela Minica

Revista Economica, 2012, vol. Supplement, issue 1, 478-487

Abstract: The starting research hypothesis is that the role of the state in economy becomes predominant in crisis situations, and the way governments act may be inefficient and procyclic. From the analysis of macroeconomic indicators we wish to highlight the contribution of wrong decisions to the crisis apparition, the identification of its typology and its manifestation peculiarities in Europe and in Romania. The conclusions point out the directions of action as regards the implementation of the European Fiscal Contract by Romania.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:1:p:478-487

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