The purpose of this analysis is to assess the financial and budgetary performance of an administration. Therefore, the performance of the central and local administration is strongly connected to the capacity of controlling the expenses and to ensure the resources to cover it. Taking into...

The paper intents to analyze in which way the interest rate policy can influence the Romanian economy. We will analyze the relationship between interest rate, fixed capital formation and GDP, by using the impulse response function.

The paper analyzes the evolution of the exchange rate in Romania during the financial crisis in order to offer some information regarding how the exchange rates react in the presence of some socks. We used a Vector autoregressive technics and impulse function and the conclusion is that in the...

This paper tries to briefly analyze the characteristics of fiscal policy in the context of the actual crisis. We start from the ongoing discussion regarding the role of fiscal policy during the economic and financial crisis. We then focus on the case of CEE countries and on Romanian economy and...

The economic convergence is an instrument of harmonization in areas with high degree of economic integration. For Romania, it is important to know the degree of fulfillment of the convergence criteria and the impact of the policies which sustain their achievement, because few studies had as...