Romanian Public Expenditures Policy during the Economic Crisis

Romanian Public Expenditures Policy during the Economic Crisis

Blog Article

The aim Folding Cane of this paper is to discuss the Romanian public expenditures policy promoted in the context of the economic and financial crisis.Firstly, we present a brief introduction on the effects of public expenditures policy to economic growth and the role of automatic stabilizers in times of SLA economic recessions.Secondly, the paper analyzes the evolution of current and capital public expenditures before and during the economic and financial crisis, according to which unproductive spending prevailed, in detriment of productive investments which can stimulate the economic recovery.