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Fiscal And Budget Policies - Major Components Of Economic And Social Policy Mix In Romania At Present And In Future

Author

Listed:
  • POPA Ionela

    (University of Pitesti)

  • CODREANU Diana

    (University of Pitesti)

  • ALBICI Mihaela

    (University of Pitesti)

Abstract

The main goal of the Government's economic policy is represented by ensuring coherent macroeconomic stability, by maintaining a conservatory fiscal position and by promoting prudent salary policies in order to support disinflation and limit foreign imbalances which shall facilitate sustainable economic growth and a real convergence. The fiscal and budget policies applied in Romania in the years before the crisis have led to domestic and foreign imbalances which must be changed during the next period. The sustainable accomplishment of lower budget deficits involves the significant change of the budget process as well as reforms of revenue and expense policies.

Suggested Citation

  • POPA Ionela & CODREANU Diana & ALBICI Mihaela, 2012. "Fiscal And Budget Policies - Major Components Of Economic And Social Policy Mix In Romania At Present And In Future," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 63(4-5), pages 213-222.
    • Handle: RePEc:blg:reveco:v:63.4-5:y:2012:i:4-5:p:213-222
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/RE%204-5-63-2012.pdf
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    More about this item

    Keywords

    fiscal policy; budget policy; sustainability;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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