Redistribuirea redusa incetineste cresterea economica si provoaca puternice tensiuni sociale

Florin Georgescu, Ana-Maria Cazacu and Alexandra-Mariana Cojocaru
Additional contact information
Florin Georgescu: BNR
Ana-Maria Cazacu: Academia de Studii Economice
Alexandra-Mariana Cojocaru: Academia de Studii Economice

Studii Economice from Institutul National de Cercetari Economice (INCE)

Abstract: The paper aims to assess the intensity and efficiency of the redistribution function usage of the public finances in Romania compared to other European countries. The analysis highlights that the main redistributive tools, namely fiscal revenues, social transfers and subsidies, as well as public expenditures in health and education, have, in our country, an undersized action relative to the needs. In the context of assuming the construction and functioning of a minimal state, with reduced attributions within the economy and society, Romania is characterized by one of the highest levels of income inequality among citizens, this unfavourable economic and social situation reflecting the modest effectiveness of the redistribution function. It follows, objectively, that the tax system needs to be substantially revised in order to cover all existing resources in society in the field of taxation, without affecting the corporate sector, with a focus on the progressive taxation of global income and property of individuals.

Keywords: redistribution function of the public finances; fiscal revenues; social transfers; socio-economic inequality; progressive taxation of global incomes and individual wealth (search for similar items in EconPapers)
JEL-codes: D31 E10 E64 H20 H30 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2020-06
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.studii-economice.ro/2020/seince200626.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:ror:seince:200626

Access Statistics for this paper

More papers in Studii Economice from Institutul National de Cercetari Economice (INCE) Contact information at EDIRC.
Bibliographic data for series maintained by Dan Constantin ().