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  • 标题:The Evolution of Public Debt in Romania in the Context of the European Fiscal Compact
  • 本地全文:下载
  • 作者:Talpoş Ioan ; Avram Alexandru
  • 期刊名称:Ovidius University Annals: Economic Sciences Series
  • 电子版ISSN:2393-3127
  • 出版年度:2013
  • 卷号:13
  • 期号:1
  • 语种:English
  • 出版社:Ovidius University Press
  • 摘要:The Stability and Growth Pact and recently,The European Fiscal Compact are based on the assumption that national tax policy Member States could have a negative impact on partner countries. Eurozone countries have pledged to respect the Stability and Growth Pact,its observance is an example of a fiscal rule enshrined in an international treaty that raises a delicate question: Can a treaty resulting from political compromise to include constraints economic,which are contrary to economic theory? Strong expansionary policy risk was considered,but not too restrictive and risk policies. Pact was revised in 2005,but his initial basic principles have remained unchanged.
  • 关键词:stability and growth pact;public debt;fiscal policy;GDP.
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