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Romanian Public Expenditures Policy during the Economic Crisis

Author

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  • Anca-Stefania SAVA

    (Faculty of Economics and Business Administration, “Alexandru Ioan Cuza” University, Iasi, Romania)

Abstract

The aim of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis. Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of economic recessions. Secondly, the paper analyzes the evolution of current and capital public expenditures before and during the economic and financial crisis, according to which unproductive spending prevailed, in detriment of productive investments which can stimulate the economic recovery.

Suggested Citation

  • Anca-Stefania SAVA, 2011. "Romanian Public Expenditures Policy during the Economic Crisis," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 27-30.
    • Handle: RePEc:ddj:fseeai:y:2011:i:1:p:27-30
    as

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    File URL: http://www.ann.ugal.ro/eco/Doc20011_1/Anca_Stefania_Sava.pdf
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    References listed on IDEAS

    as
    1. Mr. Philip R. Gerson, 1998. "The Impact of Fiscal Policy Variables on Output Growth," IMF Working Papers 1998/001, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Mişa Ionuț & Kagitci Meral, 2019. "An overview of the influence of some macroeconomic variables on public revenues. A panel approach for a sample of European countries," Management & Marketing, Sciendo, vol. 14(2), pages 249-265, June.
    2. Radulescu Magdalena & Banica Logica, 2015. "Features Of The Public Spending By Function In Cee Countries - Trends And Shifts During The Crisis Period," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 104-115, October.

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    More about this item

    Keywords

    Public expenditures; Public investments; Economic crisis;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • G01 - Financial Economics - - General - - - Financial Crises

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