The fiscal politics signifies an important instrument that manages the national economic, owning the ability of influencing the total added value of the manufactured production, meaning the gross domestic product (abbreviated as GDP). The possibility of influencing this indicator, by means of...

The current paper emphasizes, besides the definitions specific to the public debt concepts, the government public debt and the local public debt, as well as some data related to the gross government debt, in accordance to the European Union methodology, the analysis of influencing the economic...

In this article, our target is to analyze the effects of fiscal policy on GDP in Romania, using a model based on an unrestricted Vector Autoregression Model (VAR). We used in our research the quarterly data taken from the National Statistics Institute reports and Eurostat. The main independent...

At present the Euro Area is confronted with the persistence of the sovereign debt crisis. Despite the amount of measures implemented by the policymakers over the past years, the adjustment process is tough and seems impossible in several countries (for instance Greece, where the GDP contracted...

Turkey faced with two important economic crises in the last decade. The faults in Turkish fiscal system have had important shares in these economic crises. The crises have also affected Turkish fiscal system. Moreover, the indirect taxes in a considerable amount are the most important feature of...

This paper examines international tax rules, with respect to both corporate income tax rates and tax rules for double taxation. This article assumes that governments set non-discriminatory tax rates on domesticand foreign-sourced corporate income and can choose no tax allowance as the tax rule....

Experts believe that is being wasted so many resources, allocating budgetary policy that does not provide a sufficiently clearly identifiable European added value. In addition, the Community budget has often been criticized for lack of transparency. The General rules concerning the distribution...

The budgetary politics, regarded as an assembly of state intervention instruments, generated by the forming processes, by taxes and duties, of the budgetary incomes, of budgetary expenses allotment, as well as on ensuring the budgetary equilibriums represent the budgetary politics of the state,...

The Stability and Growth Pact and recently, The European Fiscal Compact are based on the assumption that national tax policy Member States could have a negative impact on partner countries. Eurozone countries have pledged to respect the Stability and Growth Pact, its observance is an example of...

The Euro zone’s deficiencies became obvious when the crisis turned permanent. The Euro zone was caught without a supervisory procedure on macroeconomic imbalances, crisis management instruments, adequate banking supervision and sufficient instruments of resolution. The primary reason for these...