Romanian Public Expenditures Policy during the Economic Crisis

Anca-Stefania Sava ()
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Anca-Stefania Sava: Faculty of Economics and Business Administration, “Alexandru Ioan Cuza” University, Iasi, Romania

Economics and Applied Informatics, 2011, issue 1, 27-30

Abstract: The aim of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis. Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of economic recessions. Secondly, the paper analyzes the evolution of current and capital public expenditures before and during the economic and financial crisis, according to which unproductive spending prevailed, in detriment of productive investments which can stimulate the economic recovery.

Keywords: Public expenditures; Public investments; Economic crisis (search for similar items in EconPapers)
JEL-codes: G01 H50 H54 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2011:i:1:p:27-30

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