THE IMPACT OF RISING ENERGY PRICES ON PUBLIC FINANCES

Rares-Stefan Ungureanu
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Rares-Stefan Ungureanu: Bucharest University of Economic Studies, Bucharest, Romania

Journal of Financial and Monetary Economics, 2023, vol. 11, issue 1, 124-135

Abstract: This study explores the dynamics of the energy market, with a particular focus on Romania, investigating factors such as demand and supply imbalances, state intervention, and the social implications of energy pricing. The analysis reveals disparities in the energy market and justifies the belated but necessary intervention of the state to protect households and establish market order, despite the budgetary strain leading to an amplified deficit.

Keywords: Energy Market Dynamics; Romanian Energy Industry (search for similar items in EconPapers)
JEL-codes: H62 H69 N70 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:11:y:2023:i:1:p:124-135

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