The paper analizes the convergence between Romanian and European fiscal policy in terms of three issues: the fiscal revenues percentage of GDP, the structure of public revenues and the public budget deficit (under the constrait of 3% of GDP). The analysis reveals small differences for the first...

Economic development is one of the primary objectives of any government. Fiscal policy represents one of the most effective tools that government authorities could use in order to influence the economy. Having this in mind, this paper focuses on the connection between economic development and...

According with A. Smith “by pursuing his own interest individual frequently promotes that of society more effectually than when he really intends to promote it.” But what is the passing way from individual interest to public interest? If there is such a way then there is a strong base for...