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The Fiscal Transparency in Romania and Turkey: A Comparative Study

Author

Listed:
  • IONESCU, Luminita

    (Spiru Haret University)

  • Buhur, Sami

    (Balikesir University, Faculty of Economics and Administrative Sciences, Turkey)

Abstract

The recent financial crisis had a significant impact global economy and fiscal transparency all over the world. International Monetary Fund and other international institutions are concern about fiscal policy, fiscal reforms and fiscal transparency among its member countries. The aim of this paper is to present a comparative study of fiscal transparency in Romania and Turkey, the evolution of fiscal and financial reforms, and weaknesses in the public system in Romania and Turkey. Romania and Turkey has a positive evolution in the last decades regarding fiscal, financial reforms and budget structure according to EU regulations.

Suggested Citation

  • IONESCU, Luminita & Buhur, Sami, 2016. "The Fiscal Transparency in Romania and Turkey: A Comparative Study," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 16(1), pages 23-29.
  • Handle: RePEc:ris:sphecs:0233
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    More about this item

    Keywords

    corruption; fiscal transparency; fiscal policy;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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