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The Institutional Reconstruction And The Functionality Of The Macroeconomic System

Author

Listed:
  • Gheorghe H. Popescu

    (Member of GAER Coordination Council)

  • Cosmin Dobrin

    (Academy of Economic Studies, Bucharest)

Abstract

The text is analyzing the requirements of the institutional reconstruction for the running of the macroeconomic system. A number of concepts concerning the macroeconomic structure, the social validation, structural economy, output and input within the macroeconomic process, the effect of the fiscal pressure on the labor factor income etc., are duly defined. Here we have also a special attention is paid to those unfit macroeconomic policies, specific to certain periods of time.

Suggested Citation

  • Gheorghe H. Popescu & Cosmin Dobrin, 2007. "The Institutional Reconstruction And The Functionality Of The Macroeconomic System," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 6(6(511)(su), pages 261-270, June.
    • Handle: RePEc:agr:journl:v:6(511)(supplement):y:2007:i:6(511)(supplement):p:261-270
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