Theoretical and Applied Economics
No. 12 / 2010 (553)
Experiences of the Large Fiscal Adjustments in EU. Romania’s Case
Cristian SOCOL
Bucharest Academy of Economic Studies
Radu SOVIANI
Bucharest Academy of Economic Studies
Bucharest Academy of Economic Studies
Radu SOVIANI
Bucharest Academy of Economic Studies
Abstract. This paper presents the contagion mechanisms of the world financial crisis upon the Romanian economy, the analysis of the way in which the Romanian authorities have reacted during the crisis and the lessons to be learnt subsequently to the encounter with this crisis. Moreover, this work outlines, in a comparative manner, the main macroeconomic effects of the large fiscal adjustments recorded during the last 30 years in EU, as well as viewpoints referring to the fiscal correction in Romania.
Keywords: fiscal adjustment; austerity; recession; crisis.
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Contents
Marin Dinu
- Multidisciplinarity, Interdisciplinarity
and Transdisciplinarity: Theoretical Approaches
and Implications for the Strategy of Post-Crisis
Sustainable Development
Gheorghe ZAMAN
Zizi GOSCHIN
- Experiences of the Large Fiscal Adjustments in EU. Romania’s Case
Cristian SOCOL
Radu SOVIANI
- Redefining Economic Policy and Institutional Reform – Support for Economic Growth
Coralia ANGELESCU
Laurenţiu DINU
- Analysis of the Connections between EU Economic Growth and the Lisbon Strategy
Marius-Corneliu MARINAŞ
- The Spread of Economic Ideas among Romanian People. Case Study: Dionisie Pop Marţian
Angela ROGOJANU
Liana BADEA
- Monetary Policy Approaches Taking into Consideration the Current Economic Context
Anca Maria GHERMAN
Alexandra ADAM
- Behavioral Motivations of Gender Discrimination on the Labor Market in Romania
Mihaela Hrisanta DOBRE
Dorel AILENEI
