REPERCURSIONS OF THE IMPLEMENTATION OF FISCAL POLICY’S OBJECTIVES ON ECONOMIC GROWTH

Mihaela Mitroi

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2018, vol. 12, issue 1, 495-504

Abstract: The paper aims to present that fiscal policy has a direct impact on economic growth. Any changes into its objective are reflected directly and indirectly on entire economic actors. The research is based on comparative analysis of trends in several indicators assessing the economic efficiency of the tax systems of EU’s largest 19 member states and shows how changes in fiscal policy vision directly affect investments, confidence of foreign direct investors, individual perceptions about fiscal matters. The ways of which fiscal policy’s objectives are implemented in each country depend on its public authorities, and how they accurately assess the rhythm and effects of the measures. The author comes up with an alarm signal, specifying that the way fiscal policy is managed, especially the tax policy, brings crucial repercussions for the country's sustainable economic development as well as for the image of political stability promoted in relations with international partners.

Keywords: debt; deficit; economic growth; fiscal policy; investment; public finance; revenue; tax; tax data; tax efficiency; tax structure; taxation; unemployment. (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://conference.management.ase.ro/archives/2018/pdf/3_12.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:rom:mancon:v:12:y:2018:i:1:p:495-504

Access Statistics for this article

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE is currently edited by Ciocoiu Nadia Carmen

More articles in Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Ciocoiu Nadia Carmen ().