Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis?
As the financial crisis deepens in Romania, public expectations from the budget and the Government's measures package remain high, but options remain limited. While some of the fiscal instruments proposed worldwide could arguably have benefic impacts on the Romanian economy if they could only b...
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okr-10986-53052021-04-23T14:02:21Z Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? Nutu, A. O. Ionita, S. As the financial crisis deepens in Romania, public expectations from the budget and the Government's measures package remain high, but options remain limited. While some of the fiscal instruments proposed worldwide could arguably have benefic impacts on the Romanian economy if they could only be properly implemented, our budgetary sector is now constrained to adopt austerity measures. The fiscal policy needs time to regain credibility after years of incoherence, and commitments made in the elections year 2008 prove to be extremely costly today. 2012-03-30T07:32:13Z 2012-03-30T07:32:13Z 2009 Journal Article Romanian Journal of Political Science 1582-456X http://hdl.handle.net/10986/5305 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Romania |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
EN |
geographic_facet |
Romania |
relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
description |
As the financial crisis deepens in Romania, public expectations from the budget and the Government's measures package remain high, but options remain limited. While some of the fiscal instruments proposed worldwide could arguably have benefic impacts on the Romanian economy if they could only be properly implemented, our budgetary sector is now constrained to adopt austerity measures. The fiscal policy needs time to regain credibility after years of incoherence, and commitments made in the elections year 2008 prove to be extremely costly today. |
format |
Journal Article |
author |
Nutu, A. O. Ionita, S. |
spellingShingle |
Nutu, A. O. Ionita, S. Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
author_facet |
Nutu, A. O. Ionita, S. |
author_sort |
Nutu, A. O. |
title |
Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
title_short |
Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
title_full |
Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
title_fullStr |
Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
title_full_unstemmed |
Romanian Fiscal Policies: Do They Fight or Exacerbate the Crisis? |
title_sort |
romanian fiscal policies: do they fight or exacerbate the crisis? |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/5305 |
_version_ |
1764394602727473152 |