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Landmarks of Contemporary Fiscal Policy in The European Union

Author

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  • Ionut - Catalin CROITORU

    (Unviersity of Craiova)

Abstract

Fiscal policy is one of the key concerns of each state and one of the direct ways to influence economic development. Therefore, a well-based fiscal policy that takes into account the specific conditions of economic and social imperatives of the present and future requirements, it may prove beneficial for progress. This paper aims to trace the main features of modern tax policy and make an analysis of the evolution of direct and indirect taxes in Europe. The analysis includes the role attributed to taxation as a method of intervention in the economy. We also propose to analyze the sustainability of fiscal policy in Romania.

Suggested Citation

  • Ionut - Catalin CROITORU, 2011. "Landmarks of Contemporary Fiscal Policy in The European Union," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 225-231, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:225-231
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    More about this item

    Keywords

    fiscal policy; direct taxes; indirect taxes;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other

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