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The Regulation Of The Energy Market In Romania

Author

Listed:
  • Vasile Robu

    (Academy of Economic Studies, Bucharest)

  • Elena Claudia Serban

    (Academy of Economic Studies, Bucharest)

  • Marina Badileanu

    (Academy of Economic Studies, Bucharest)

Abstract

Delivery public utility services at the level of the demand and with the respect of an appropriate quality standard represents a fundamental element of the lasting development and of the poverty reduction. In order to resolve these problems the state intervenes in the economy, using as instruments the reform and the regulation. The established rules are usually conceived as barriers at the entering or the exit of the market, specifications for the licenses issue or for the fees establishment, monitoring of the prices or of the salaries etc. The regulation is one of the most convenient forms of policy, because it doesn’t impose new taxes or governmental expenses. It is even more attractive in a period of budgetary austerity.

Suggested Citation

  • Vasile Robu & Elena Claudia Serban & Marina Badileanu, 2007. "The Regulation Of The Energy Market In Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 6(6(511)(su), pages 231-246, June.
  • Handle: RePEc:agr:journl:v:6(511)(supplement):y:2007:i:6(511)(supplement):p:231-246
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