Analysis of Fiscal Policy Measures during 2005 - 2013. The Case of Romania

Moraru Camelia () and Norina Popovici
Additional contact information
Moraru Camelia: Academy of Economic Studies, Bucharest

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 224-228

Abstract: The latest economic and financial crisis highlights the need for fiscal policy to correct macroeconomic imbalances. Although in recent decades, policy makers have resorted to monetary to mitigate external shocks, this time, fiscal policy plays the main role in the context of economic recovery. Fiscal policy is the main tool used by the government to influence the economy, to make changes in taxation and execution of budget expenditures area. Authorities control, through this instrument, macroeconomic variables such as aggregate demand, disposable income, or in other words, overall economic activity, taking into account the business cycle phases.

Keywords: growth; fiscal consolidation; sustenability (search for similar items in EconPapers)
JEL-codes: E61 E62 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins% ... 4%20issue_2_2014.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:224-228

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().