Georgescu, Maria-Andrada; Murgescu, Dana Mihaela - In: European financial and accounting journal : EFAJ 6 (2011) 2, pp. 48-71
The global economic crisis, which had a strong impact on virtually all states of the world, brought additional challenges to the public sector. The governments had to choose between two alternatives: to decrease public expenditure by adopting austerity measures (option chosen by most EU Member...