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Fiscal Sustainability in the Non-Euro States

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  • Alina - Georgiana Solomon

Abstract

Forming an opinion about the ability of a government of any State to honor its financial obligations in the long term, raise the issue of fiscal sustainability. This subject involves analysis of the main elements useful in maintaining macroeconomic stability, fiscal sustainability. In essence, government options in terms of fiscal policy developments affecting the fiscal deficit, indebtedness and ability to mobilize the necessary financial resources coatings, respectively refinaþãrii these indicators. In this paper, the study of fiscal sustainability is focused primarily on countries outside the euro area; highlighting the extent to which they, by applying their own national tax systems are consistent with the overall objective of the European Commission, recently said the "Europe 2020 Strategy".

Suggested Citation

  • Alina - Georgiana Solomon, 2017. "Fiscal Sustainability in the Non-Euro States," 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. 7(1), pages 291-296, January.
    • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:1:p:291-296
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    References listed on IDEAS

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    1. António Afonso & Christophe Rault, 2010. "What do we really know about fiscal sustainability in the EU? A panel data diagnostic," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(4), pages 731-755, January.
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