Trust in Romanian Fiscal Institutions from the Point of View of Sustainability: A Case Study
| Autor: | Ilie Banu, Marin Popescu, Ioana Mădălina Banu |
|---|---|
| Jazyk: | angličtina |
| Předmět: |
Finance
Macroeconomics Fiscal imbalance business.industry Reform media_common.quotation_subject Fiscal stability General Engineering Energy Engineering and Power Technology Fiscal system Trust Fiscal union Fiscal policy Fiscal institutions Sustainability Order (exchange) Debt Economics Institution Fiscal compact Fiscal federalism business media_common |
| Zdroj: | Procedia Economics and Finance. :604-608 |
| ISSN: | 2212-5671 |
| DOI: | 10.1016/S2212-5671(13)00178-0 |
| Popis: | Fiscal stability is one of the paramount demands of important foreign investors, as well as of all taxpayers. Fiscal stability is influenced by the level of trust in the fiscal system and in fiscal institutions. We conducted a study to determine the level of trust in the Romanian fiscal system, medium- and long-term, as well as in fiscal institutions. The recommendation that can be made after analysing the results is that the level of trust needs to be incresed in order to obtain fiscal stability. The paper is also a contribution to the field of fiscal literature, mapping out some of the improvements needed with regard to the Fiscal Compact, as well as researching legal persons. Due to bias in fiscal institutions forecast, we totally agree with the idea of creating an independent european fiscal institution that provides its own budget forecasts, so that the deficits and debts will be measured the same. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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