Theoretical and Applied Economics
No. 2 / 2011 (555)
Effects of the Current Economic Crisis on the Fiscal Variables in EU Countries
Bucharest Academy of Economic Studies
Laura Obreja BRAŞOVEANU
Bucharest Academy of Economic Studies
Abstract. Our paper aims to capture the effects of the current economic and financial crisis on fiscal variables, the 27 EU Member States, based on macroeconomic developments until 2010 and projected for 2011. Starting from the economic recession, from the increase of unemployment and the relative stability of prices in the EU overall (macroeconomic developments that characterize the current crisis), we analyze the effects of those developments on the public revenues and expenditures, on the conventional deficit and public debt, which are macroeconomic variables that comprise the pentagon of economic macro stabilization.
Keywords: economic recession; unemployment; inflation; budgetary deficit; public debt.
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Contents
- Economics of Sustainable Development. Competitiveness and Economic Growth
Dorel AILENEI
Liviu-Cosmin MOSORA
- The Particularities of the Economic Crisis
in the Knowledge-Based Society
Ion IVAN
Marius POPA
Dragoş PALAGHITA
Bogdan VINTILĂ
Mihai DOINEA
- Adverse Selection Models
with Three States of Nature
Daniela MARINESCU
Dumitru MARIN
- Sustaining an Effective ABC-ABM System
Gary COKINS
Sorinel CĂPUŞNEANU
- Consequences of the Budget Deficit
in the Current Crisis in Romania.
Implications on the Labor Market
Gabriela MOLĂNESCU
Mirela Ionela ACELEANU
- Portfolio Risk Analysis using ARCH and GARCH Models in the Context of the Global Financial Crisis
Oana Mădălina PREDESCU
Stelian STANCU
- Costs of Adopting a Common European Currency. Analysis in Terms of the Optimum Currency
Areas Theory
Aura Gabriela SOCOL
- The Effects of Economic Geography on Education in Romania
Jesús LÓPEZ-RODRÍGUEZ
Andres FAIÑA
Cosmin-Gabriel BOLEA
- Statistical – Econometric Analysis of the Correlations between the Social Security Budget and the Main Macroeconomic Aggregates in Romania
Emilia ŢIŢAN
Cristina BOBOC
Simona GHIŢĂ
Daniela TODOSE
- Effects of the Current Economic Crisis on the Fiscal Variables in EU Countries
Iulian Viorel BRAŞOVEANU
Laura Obreja BRAŞOVEANU
- The Image of the Tourism Destination –
a Supporting Element in the Development
of the Regional Tourism Brand
Study Case: Muntenia
Aurelia-Felicia STĂNCIOIU
Nicolae TEODORESCU
Ion PÂRGARU
Anca-Daniela VLĂDOI
Codruţa BĂLTESCU
- Economic Crises and the Complexity
of Animal Spirits Modeling
Grigore PIROŞCĂ
- An Epistemological Perspective on the Quality of Life Concept
George ŞERBAN-OPRESCU
- The Natural Rate of Unemployment and its Implications for Economic Policy
Monica DOBRESCU
Claudia PAICU
Silvia IACOB
- Estimation of Inflationary Expectations and the Effectiveness of Inflation Targeting Strategy
Amalia CRISTESCU
Mădălina Ecaterina ANDREICA
- The Impact of Investments and Gross Value Added upon Earnings
Larisa APARASCHIVEI
Maria Denisa VASILESCU
Nicolae CĂTĂNICIU
