IDEAS home Printed from https://ideas.repec.org/a/nos/ycriat/218.html
   My bibliography  Save this article

The Modernization Of The Budget Process Of Romania: Gaps And The Need Of The Efficient Management Of The Budget

Author

Listed:
  • Mariana IAGAR

    (PhD Student, Free International University of Moldova)

Abstract

Romania's budgetary policy has as one of its objectives to maintain a particular level of aggregate demand in the economy through public expenditures and tax rates. The increase of the Romanian government debt in the latest period was driven mainly by engaging the debt to finance the budget deficit, refinancing of the public debt, enhancing the financial reserve in currency etc. For an economy that seeks to be in a permanent rise, it becomes appropriate a well-founded budget policy that will take into account the concrete circumstances of the economic and social life, needs of the present and the imperatives of the future. It may prove beneficial to progress, but if they are not mattered or disregarded it can brake the growth, can lead to social tensions and involution.

Suggested Citation

  • Mariana IAGAR, 2015. "The Modernization Of The Budget Process Of Romania: Gaps And The Need Of The Efficient Management Of The Budget," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 2, pages 154-157.
  • Handle: RePEc:nos:ycriat:218
    as

    Download full text from publisher

    File URL: ftp://ince.md/Economie%20si%20Sociologie%20nr_2-2015/21Jagar_154-p157.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    budget; public expenditures; efficient management; budgetary policy;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

    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:nos:ycriat:218. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Сильвия Горчяг (email available below). General contact details of provider: http://socionet.ru/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.