IDEAS home Printed from https://ideas.repec.org/a/jes/wpaper/y2014v6i2ap141-149.html
   My bibliography  Save this article

Common Fiscal Policy

Author

Listed:
  • Gabriel Mursa

    () (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

The purpose of this article is to demonstrate that a common fiscal policy, designed to support the euro currency, has some significant drawbacks. The greatest danger is the possibility of leveling the tax burden in all countries. This leveling of the tax is to the disadvantage of countries in Eastern Europe, in principle, countries poorly endowed with capital, that use a lax fiscal policy (Romania, Bulgaria, etc.) to attract foreign investment from rich countries of the European Union. In addition, common fiscal policy can lead to a higher degree of centralization of budgetary expenditures in the European Union.

Suggested Citation

  • Gabriel Mursa, 2014. "Common Fiscal Policy," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(2a), pages 141-149, August.
  • Handle: RePEc:jes:wpaper:y:2014:v:6:i:2a:p:141-149
    as

    Download full text from publisher

    File URL: http://www.ceswp.uaic.ro/articles/CESWP2014_VI2A_MUR.pdf
    Download Restriction: no

    More about this item

    Keywords

    common fiscal policy; foreign investment; taxes; public expenditure Romania;

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jes:wpaper:y:2014:v:6:i:2a:p:141-149. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alupului Ciprian). General contact details of provider: http://edirc.repec.org/data/csjesro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.