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Coordinates of the Romanian fiscal policy in the context of european integration

Author

Listed:
  • Costin Daniel AVRAM,

    (University of Craiova)

Abstract

The moment of EU extension to the east at the 1st of January 2007 is extremely important in the recent Romanian history. A feeling of self satisfaction has unfortunately come upon Romania like the one specific for a person who can rest in peace until the destination after hardly catching an important train. For Romania, a country behind the present times, the only chance is a long term economic growth, approached in an European context, by focusing the economic, monetary, currency and fiscal policies towards the achievement of a lasting economic growth. The Union works for the durable development of Europe, based on a balanced economic growth and prices' stability, on a highly competitive market economy, which targets the employment of the entire workforce and the social progress, as well as for a high level of environment protection and quality improvement[....]. This promotes the economic, social and territorial cohesion but also the solidarity between the member states as the article n. 2 of the Treaty concerning the creation of the European Community stipulates.

Suggested Citation

  • Costin Daniel AVRAM,, 2008. "Coordinates of the Romanian fiscal policy in the context of european integration," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(36), pages 937-946, may.
    • Handle: RePEc:aio:aucsse:v:2:y:2008:i:11:p:937-946
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    File URL: http://feaa.ucv.ro/AUCSSE/0036v2-032.pdf
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    More about this item

    Keywords

    Fiscal policy; budgetary deficit; convergence; fiscal competition; fiscal relaxation.;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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