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The Impact Of Rising Energy Prices On Public Finances

Author

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  • UNGUREANU, Rares-Stefan

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

This study explores the dynamics of the energy market, with a particular focus on Romania, investigating factors such as demand and supply imbalances, state intervention, and the social implications of energy pricing. The analysis reveals disparities in the energy market and justifies the belated but necessary intervention of the state to protect households and establish market order, despite the budgetary strain leading to an amplified deficit.

Suggested Citation

  • UNGUREANU, Rares-Stefan, 2023. "The Impact Of Rising Energy Prices On Public Finances," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 11(1), pages 124-135, October.
  • Handle: RePEc:vls:rojfme:v:11:y:2023:i:1:p:124-135
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    More about this item

    Keywords

    Energy Market Dynamics; Romanian Energy Industry;

    JEL classification:

    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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