Curtaşu, Anca Ruxandra - In: Romanian Journal of Fiscal Policy (RJFP) 2 (2011) 2, pp. 20-43
In the context of a society with limited resources, borrowing seems to be a desirable method that allows governments to finance the required expenditures. But government borrowing is accepted as long as it is consistent with a sound fiscal policy. Since 1923, when the concept of sound finance...