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Evaluation of the Fiscal and Budgetary Policy in Romania During the Crisis. Critical Analysis

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  • Marina Zaharioaie

    („Alexandru Ioan Cuza” University, Iaşi)

Abstract

Economic and financial crisis revealed that government intervention is necessary and deregulation and free functioning of the market may also have deficiencies. Fiscal and monetary policies were used by the most countries, including Romania, to mitigate effects of global crisis. By analyzing the budgetary and fiscal measures in Romania, we observed their impact in the economy and counter the effects of global crisis. We also examined measures taken by public authorities that have the same economic conditions for Romania in order to study their comparative effectiveness.

Suggested Citation

  • Marina Zaharioaie, 2011. "Evaluation of the Fiscal and Budgetary Policy in Romania During the Crisis. Critical Analysis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 877-883, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:877-883
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