THE COSTS OF FISCAL AND BUDGETARY POLICIES FROM THE PERSPECTIVE OF SUSTAINABLE DEVELOPMENT
Journal: The Journal CONTEMPORARY ECONOMY (Vol.4, No. 2)Publication Date: 2019-06-30
Authors : Mihail DIMITRIU;
Page : 52-64
Keywords : Sustainability of economic development; government costs; public policies.;
Abstract
The choice of the subject of this communication was based on the following considerations: fiscal and budgetary policies currently in place in Romania are not fully inline with long-term strategic objectives (sustainable development strategy at national and European level!); the mechanism for substantiating, adopting and implementing fiscal and / or fiscal policy measures in Romania does not clearly include elements for identifying costs and risks (especially those related to non-implementation of the sustainable development strategy); there is no full consensus on the implementation of long-term fiscal and budgetary policies beyond the electoral cycle, with along-term development strategy (sustainable). The purpose of the communication is to identify and present some methods of determining the costs related to the non-application of the objectives of the sustainable development strategy, in the case of fiscal-budgetary policies in Romania.
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