CORRELATIONS BETWEEN FISCAL - BUDGETARY POLICY AND THE ECONOMIC DEVELOPMENT IN ROMANIA

Using fiscal policy in order to achieve non-financial targets long is no longer a novelty, the economicdevelopment being a priority for any country, the government being interested by the levers that can be used in thissense. In the paper is realised an analysis regarding the level of taxation, the...

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Bibliographic Details
Main Author: DOBROTĂ GABRIELA
Format: Article
Language:English
Published: Academica Brâncuşi 2012-09-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
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Online Access:http://www.utgjiu.ro/revista/ec/pdf/2012-03/14_DOBROTA%20GABRIELA%2098-103.pdf
Description
Summary:Using fiscal policy in order to achieve non-financial targets long is no longer a novelty, the economicdevelopment being a priority for any country, the government being interested by the levers that can be used in thissense. In the paper is realised an analysis regarding the level of taxation, the evolution of the main components of statebudget and the effects fiscal and budgetary policy on economic development in Romania in the period 1991 - 2011. Theconclusion that can be detached is that the formulation a fiscal policy and budgetary on long-term, its correlation withthe monetary policy, the ensuring an optimal proportion between consumption expenditures and those for developmentand avoiding to the financing of public expenditure through loans are elements that ensure the economic development.In Romania, the fiscal and budgetary policies promoted after 1990 have not been correlated with the cyclicity ofeconomic life, being often intended to reduce the conventional deficit.
ISSN:1844-7007