Implications Of Fiscal Consolidation In Eu On The Background Of Promoting Sustainable Economic Growth
The process of fiscal consolidation, initiated at EU level, since the last decade are a necessity now, the situation is significantly deteriorating for most of the Member States, as a result there is the occurrence and manifestation of economic and financial crisis. Recovery and promote growth, the goal outlined in the new European strategy, is including among the influences or is affected by its implementation, as we show in our analysis. The implications of fiscal consolidation process related to a number of costs and limited, on the one hand, due to the current crisis, and on the other hand, the need rallying Member States wishes strategy pursued by the "Europe 2020". Against this background, our paper aims to highlight possible solutions to the remaining public authorities in implementation of fiscal consolidation. Also, a study compared the economic situation, the level and trend of budget deficit and public debt, in Member States of the European Union in 2007-2010, allowed us to identify and group the Member States according to the constraints on they are subject in the recovering of the situation of public finances.
Volume (Year): 11 (2011)
Issue (Month): 2(14) (December)
|Contact details of provider:|| Postal: |
Phone: +40 230 522978
Fax: +40 230 216147
Web page: http://www.seap.usv.ro
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:scm:ausvfe:v:11:y:2011:i:2(14):p:214-224. 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: (Liviu Scutariu)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.