Romanian Public Expenditures Policy during the Economic Crisis

The aim of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis. Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of economi...

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Main Author: Anca-Ştefania SAVA
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2011-03-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.ann.ugal.ro/eco/Doc20011_1/Anca_Stefania_Sava.pdf
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author Anca-Ştefania SAVA
author_facet Anca-Ştefania SAVA
author_sort Anca-Ştefania SAVA
collection DOAJ
description The aim of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis. Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of economic recessions. Secondly, the paper analyzes the evolution of current and capital public expenditures before and during the economic and financial crisis, according to which unproductive spending prevailed, in detriment of productive investments which can stimulate the economic recovery.
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spelling doaj.art-03822b6779644036b8bd418e4c9974f12022-12-21T18:27:29ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092011-03-01112730Romanian Public Expenditures Policy during the Economic CrisisAnca-Ştefania SAVAThe aim of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis. Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of economic recessions. Secondly, the paper analyzes the evolution of current and capital public expenditures before and during the economic and financial crisis, according to which unproductive spending prevailed, in detriment of productive investments which can stimulate the economic recovery.http://www.ann.ugal.ro/eco/Doc20011_1/Anca_Stefania_Sava.pdfPublic expendituresPublic investmentsEconomic crisis
spellingShingle Anca-Ştefania SAVA
Romanian Public Expenditures Policy during the Economic Crisis
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Public expenditures
Public investments
Economic crisis
title Romanian Public Expenditures Policy during the Economic Crisis
title_full Romanian Public Expenditures Policy during the Economic Crisis
title_fullStr Romanian Public Expenditures Policy during the Economic Crisis
title_full_unstemmed Romanian Public Expenditures Policy during the Economic Crisis
title_short Romanian Public Expenditures Policy during the Economic Crisis
title_sort romanian public expenditures policy during the economic crisis
topic Public expenditures
Public investments
Economic crisis
url http://www.ann.ugal.ro/eco/Doc20011_1/Anca_Stefania_Sava.pdf
work_keys_str_mv AT ancastefaniasava romanianpublicexpenditurespolicyduringtheeconomiccrisis