Implications of the Budget Deficit on the Labour Market in Romania

The budget deficit has now become a common phenomenon in many countries, amid a surge in public spending. In Romania, as well as in other developing or developed countries, this topic is one of the most difficult issues facing economic policy. Under the current circumstances of economic activity, wh...

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Main Authors: Cibotariu Irina-Stefana, Boghean Florin
Format: Article
Language:English
Published: Ovidius University Press 2018-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/4-4.pdf
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author Cibotariu Irina-Stefana
Boghean Florin
author_facet Cibotariu Irina-Stefana
Boghean Florin
author_sort Cibotariu Irina-Stefana
collection DOAJ
description The budget deficit has now become a common phenomenon in many countries, amid a surge in public spending. In Romania, as well as in other developing or developed countries, this topic is one of the most difficult issues facing economic policy. Under the current circumstances of economic activity, where financial needs are more advanced than available funds, budgeting at all levels is one of the primary issues, in particular by maintaining the principle of budgetary balance. Structure and Content of the Article – the article is structured as it follows : introduction, main chapters and the last part which presents the final conclusions concerning the suggested topic (the consequences of budget deficit over the labour market in Romania). The means used to finance the budget deficit, e.g. the increase in fiscality, the decrease in public spending, or the increase of public debt, leave their mark on the evolution of the labour market on both short and long term, as mentioned in the article.
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spelling doaj.art-5e6d3e0aa55446be855bcf7be8a07e142022-12-22T00:54:28ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272018-01-01XVIII2577582Implications of the Budget Deficit on the Labour Market in RomaniaCibotariu Irina-Stefana0Boghean Florin1„Stefan cel Mare” University of Suceava„Stefan cel Mare” University of SuceavaThe budget deficit has now become a common phenomenon in many countries, amid a surge in public spending. In Romania, as well as in other developing or developed countries, this topic is one of the most difficult issues facing economic policy. Under the current circumstances of economic activity, where financial needs are more advanced than available funds, budgeting at all levels is one of the primary issues, in particular by maintaining the principle of budgetary balance. Structure and Content of the Article – the article is structured as it follows : introduction, main chapters and the last part which presents the final conclusions concerning the suggested topic (the consequences of budget deficit over the labour market in Romania). The means used to finance the budget deficit, e.g. the increase in fiscality, the decrease in public spending, or the increase of public debt, leave their mark on the evolution of the labour market on both short and long term, as mentioned in the article.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/4-4.pdfbudget deficitconsolidated budgetlabour marketpublic sector debt
spellingShingle Cibotariu Irina-Stefana
Boghean Florin
Implications of the Budget Deficit on the Labour Market in Romania
Ovidius University Annals: Economic Sciences Series
budget deficit
consolidated budget
labour market
public sector debt
title Implications of the Budget Deficit on the Labour Market in Romania
title_full Implications of the Budget Deficit on the Labour Market in Romania
title_fullStr Implications of the Budget Deficit on the Labour Market in Romania
title_full_unstemmed Implications of the Budget Deficit on the Labour Market in Romania
title_short Implications of the Budget Deficit on the Labour Market in Romania
title_sort implications of the budget deficit on the labour market in romania
topic budget deficit
consolidated budget
labour market
public sector debt
url http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/4-4.pdf
work_keys_str_mv AT cibotariuirinastefana implicationsofthebudgetdeficitonthelabourmarketinromania
AT bogheanflorin implicationsofthebudgetdeficitonthelabourmarketinromania