Public policy and taxation
Iosif Moldovan ()
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Iosif Moldovan: “Lucian Blaga” University, Sibiu, Romania
Annals of the University of Petrosani, Economics, 2014, vol. 14, issue 1, 223-230
The state administration process and hence also the economy coordination effort requires the promotion of robust, consistent and transparent public policy, which must be accepted by all stakeholders of economic development. Public policy is a set of measures taken by the authorities legally constituted as public power. Under normal conditions these policy aims at improving living conditions of citizens by developing grounded strategies which are applied by measures implemented to stimulate economic development in all its complexity by harmonizing the efforts of the institutional and non-institutional bodies responsible for ensuring the overall public interest. In Romania, public policies, especially fiscal ones on which we dwell, not reached in many cases the expected effects primarily because of their superficial grounding, lack of transparency, unpredictability, poor communication and secondly as an effect of ineffective management of public financial resources.
Keywords: economy coordination; public interest; state involvement; degree of compliance; streamline the budget process (search for similar items in EconPapers)
JEL-codes: H20 H21 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:14:y:2014:i:1:p:223-230
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