Experiences of the Large Fiscal Adjustments in EU. Romania’s Case

Autor: Cristian SOCOL, Radu SOVIANI
Jazyk: angličtina
Rok vydání: 2010
Předmět:
Zdroj: Theoretical and Applied Economics, Vol 12(553), Iss 12(553), Pp 21-28 (2010)
Druh dokumentu: article
ISSN: 1841-8678
Popis: This paper presents the contagion mechanisms of theworld financial crisis upon the Romanian economy, the analysis of theway in which the Romanian authorities have reacted during the crisis andthe lessons to be learnt subsequently to the encounter with this crisis.Moreover, this work outlines, in a comparative manner, the mainmacroeconomic effects of the large fiscal adjustments recorded duringthe last 30 years in EU, as well as viewpoints referring to the fiscalcorrection in Romania.
Databáze: Directory of Open Access Journals