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Analysis of Budgetary and Fiscal Convergence Scenarios for Romania and Bulgaria in the Period 2007-2016

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  • Alina-Georgiana Solomon
  • Sorinel Capusneanu

Abstract

The topic reflects an analysis of Economic and Monetary Union convergence in tax-budgetary system of Romania and Bulgaria. The importance of this theme is underlined by the objective on the integration of the two European Union member states in the Eurozone. In this context, attention was focused on the aspects of the state of completion of budgetary and fiscal convergence. In its realization it is required a strictly coordination of macroeconomic policies, emphasizing structural reforms and ensuring a stable economic environment. Therefore, the main elements used in the analysis of convergence scenarios are budgetary position of Romania and Bulgaria, the evolution of the annual plan for revenue collection and compliance with targets set in the plan year in government spending.

Suggested Citation

  • Alina-Georgiana Solomon & Sorinel Capusneanu, 2015. "Analysis of Budgetary and Fiscal Convergence Scenarios for Romania and Bulgaria in the Period 2007-2016," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(2), pages 93-99, April.
    • Handle: RePEc:hur:ijaraf:v:5:y:2015:i:2:p:93-99
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    References listed on IDEAS

    as
    1. Vicente Esteve & Simon Sosvilla-Rivero & Cecilio Tamarit, 2000. "Convergence in fiscal pressure across EU countries," Applied Economics Letters, Taylor & Francis Journals, vol. 7(2), pages 117-123.
    2. Francisco J. Delgado Rivero (*), "undated". "Are The Tax Mix And The Fiscal Pressure Converging In The European Union?," Working Papers 11-06 Classification-JEL , Instituto de Estudios Fiscales.
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