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Towards A Law Of Sustainable Fiscal Resources

Author

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  • Ionel BOSTAN

    () (Doctoral School of Economics, Stefan cel Mare University, Suceava, Romania)

Abstract

Our approach aims to raise the benchmarks intended, we believe, to print efficiency rules for public financial law which, by definition, governs the issue of budgetary resources. Knowing the mechanism of legal and tax and the use of this type of resource, given the current context, we introduce some approaches to the position of financial law located in the best connection with economics, and we consider key issues of this - crisis/ growth, sustainable development, strategies/ policies, state intervention tools etc. aiming to easier to put out various budgetary implications caused by certain processes/ phenomena in the real economy. Also, we bring some elements of analysis, comments and views coming to justify the importance of rights (set of rules and principles of major influence) the financial and fiscal consolidation based in the extent possible, the development lasting nature. It is expected thus that such a law (fiscal consolidation based on sustainability) can drive more speedily to create a stable tax system capable of generating sufficient budgetary resources in terms of efficiency and efficacy, ensuring cost reductions with unit budget and compliance taxpayers being, while flexible, simple, transparent and adaptable to national/ international changes.

Suggested Citation

  • Ionel BOSTAN, 2015. "Towards A Law Of Sustainable Fiscal Resources," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(4), pages 851-863, December.
  • Handle: RePEc:jes:wpaper:y:2015:v:7:i:4:p:851-863
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2015_VII4_BOS.pdf
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    References listed on IDEAS

    as
    1. International Monetary Fund, 1997. "Sierra Leone; Recent Economic Developments," IMF Staff Country Reports 97/47, International Monetary Fund.
    2. Liviu-George, Maha & Dragos-Florentin, Mariciuc, 2009. "Characteristics of the financial crisis in 2008 and its implications on Romanian economy," MPRA Paper 27180, University Library of Munich, Germany.
    3. Lucas Bretschger, 1999. "Growth Theory and Sustainable Development," Books, Edward Elgar Publishing, number 1817.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    financial/economic law; legislation contributors; sustainability; budget revenues; public expenditure; efficiency;

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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