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Issues On Fiscal Policy Objectives In Romania After 2000

Author

Listed:
  • Liliana Bunescu

    (Lucian Blaga Unversity of Sibiu)

  • Carmen Comaniciu

    (Lucian Blaga Unversity of Sibiu)

Abstract

Financial policy differs from one country to another depending on the country's economic potential, the level of economic development, natural resources, national or international conditions, methods of managing the national economy, the interests of political parties and other factors. But, we should not overlook the fact that economic and financial experience of countries can provide models to be applied in other countries. In terms of financial policy, budgetary policy and fiscal policy are the most important. This paper aims to compare the objectives of fiscal policy in Romania during the last three programs of government in the period 2001-2012 and, under the Romanian fiscal responsibility law, to underline the principles they are based on.

Suggested Citation

  • Liliana Bunescu & Carmen Comaniciu, 2010. "Issues On Fiscal Policy Objectives In Romania After 2000," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 5(3), pages 116-129, December.
    • Handle: RePEc:blg:journl:v:5:y:2010:i:3:p:116-129
    as

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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/535bunescu&comaniciu.pdf
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    References listed on IDEAS

    as
    1. Mr. Ian Lienert, 2010. "Should Advanced Countries Adopt a Fiscal Responsibility Law?," IMF Working Papers 2010/254, International Monetary Fund.
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