Countercyclical Economic Policies in Times of Crisis

Gina Ioan ()
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Gina Ioan: Danubius University of Galati, Romania

Acta Universitatis Danubius. OEconomica, 2013, issue 9(3), 126-131

Abstract: The countercyclical policies aimed to correcting excessive economic activity and reducing negative effects of crisis and economic recovery. In Romania we identify a series of causes that led to the economic crisis like: the mismatch economic policy mix with business cycle phases, underdeveloped capital market, the mismanagement of public expenditure, the shortage of skilled labor and many other.

Keywords: countercyclical; crisis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2013:i:3:p:126-131

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