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Changes in Public Expenditures Policy at European Union Level (after 1990)

Author

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  • Sava Anca-ªtefania

    („Alexandru Ioan Cuza” University of Iasi, Doctoral School of Economics)

Abstract

The aim of this paper is to present the significant changes in public expenditures policy at European Union level, after 1990. Firstly, the paper analyzes the dynamics of public expenditures over a period of time between 1991-2009 and shows that countries which started to reduce public expenditure since the 1990s have recorded considerable decreases, in comparison with those who have started the process of fiscal reform later (after 2000). Secondly, in order to explain the dynamics of public expenditure, there has been done an analysis on the functional and economic structure of public expenditure. There are differences in the dynamics of these categories of public expenditure from one EU Member State to another, depending on the degree of economic and social development, but also on tax reform policies of the public authorities.

Suggested Citation

  • Sava Anca-ªtefania, 2011. "Changes in Public Expenditures Policy at European Union Level (after 1990)," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1164-1169, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1164-1169
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    More about this item

    Keywords

    public expenditures policy; fiscal reform; economic crisis;
    All these keywords.

    JEL classification:

    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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