Dogaru, Tatiana-Camelia and Dumitrescu-Peculea, Adelina (2016): Medium-term budgetary framework in the EU Member States: study case. Published in: Global Journal on Humanites & Social Sciences No. 4 (2016): pp. 160-166.
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Abstract
The current economic crisis has called for huge fiscal efforts to avoid a deflationary spiral. In the context of the crisis, the national fiscal frameworks may play an important role in sustaining budgetary retrenchment. Therefore, the need for a fiscal consolidation, meaning a well-designed fiscal and budgetary policy is a challenge for all EU Member States. Moreover, the importance of strong and resilient fiscal frameworks has been emphasised by the October 2009 Council conclusions on the fiscal exit strategy. On this premise, the paper discusses what elements and considerations should be taken into account more carefully in designing resilient fiscal frameworks so as to support optimal policy-making and to promote the respect of the Stability and Growth Pact provisions. The unit analysis consists on several EU Member States, affected by economic crisis.
Taking into consideration the aim of the paper, the research methodology is based on a case study as research strategy, and uses the triangulation method to obtain confirmation of findings through convergence of different perspective. Regarding the qualitative research, the authors use theoretical framework, legal analyses, systematic and analytical collecting data from official written sources, and macroeconomic indicators for quantitative aspects.
Item Type: | MPRA Paper |
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Original Title: | Medium-term budgetary framework in the EU Member States: study case |
English Title: | Medium-term budgetary framework in the EU Member States: study case |
Language: | English |
Keywords: | budgetary framework, restructuring process, governmental measures and policies |
Subjects: | D - Microeconomics > D0 - General > D00 - General D - Microeconomics > D7 - Analysis of Collective Decision-Making H - Public Economics > H1 - Structure and Scope of Government |
Item ID: | 94482 |
Depositing User: | Assist. Tatiana-Camelia Dogaru |
Date Deposited: | 24 Jun 2019 14:12 |
Last Modified: | 29 Sep 2019 18:38 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/94482 |