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Tax Measures To Support The Business Environment- The Premise Of Sustainable Growth

Author

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  • MIHAILA, Nicoleta

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

Sustainable economic growth is influenced, among other things, by the good functioning of the business environment, namely the creation of a predictable fiscal policy to support it and the stimulation of investments in high added value sectors, the simplification of taxation and the streamlining of internal processes. The objective of the paper is therefore to assess the current state of the Romanian economy, from the fiscal perspective, the efficiency of the tax system, to identify the risks determined by the application of fiscal policy, as well as the proposal of fiscal measures in order to support the business environment.

Suggested Citation

  • MIHAILA, Nicoleta, 2018. "Tax Measures To Support The Business Environment- The Premise Of Sustainable Growth," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 235-241, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:235-241
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    More about this item

    Keywords

    sustainable growth; business environment; tax regulations; risks;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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