Search results for "BUDGET"
showing 10 items of 255 documents
The National Income Between Monetary and Fiscal Actions
2013
Andersen and Jordan (1968) and Andersen (1971) argued that fiscal actions have a negligible effect on nominal income and can not sustain a stable and balanced economic growth. Also, they argued, along with other researchers who have embraced monetarism ideas from the Federal Reserve Bank of St. Louis, that the budget deficit presents negative effects in the economy that limit private investment. In this article, we analyzed the empirical relationship that is established between the tax actions and the long and short term national income in the U.S. economy and the economies of Eurozone.
The Importance of a Medium-term Budgetary Framework in Enhancing the Sustainability of Public Finances in Romania
2014
Abstract The reform that the romanian fiscal system should follow aims to increase the quality of public finances and fiscal governance and strengthening fiscal discipline through better management of budgetary resources. This can be achieved by taking legislative and institutional measures, such as a new law on fiscal responsibility, developing a long-term fiscal strategy, moving to a multi-annual budget programming by implementing a medium-term budgetary framework, the introduction of strict fiscal rules and the establishment of an Independent Fiscal Council. The purpose of this paper is to highlight the importance of adopting a medium-term budgetary framework by Romania and the role that…
THE IMPACT OF FISCAL POLICY ON ECONOMIC GROWTH IN THE FOUNDING COUNTRIES OF THE EUROPEAN UNION
2015
Changes in fiscal policy have an impact on aggregate demand, the allocation of resources and income distribution. The present study highlights the impact of fiscal policy on the founding countries of the European Union in the period 2000-2011. The evolution of GDP / capita was explained using the structure of tax revenues, inflation, budget deficit and also qualitative variables like the economic crisis and weather conditions. The results of the analysis indicate that fiscal policy has a significant negative impact on the founding countries of the European Union, in particular through measures taken in respect of value added tax, excise duties, income taxes for households and corporations a…
ISSUES ON FISCAL POLICY OBJECTIVES IN ROMANIA AFTER 2000
2010
Financial policy differs from one country to another depending on the country's economic potential, the level of economic development, natural resources, national or international conditions, methods of managing the national economy, the interests of political parties and other factors. But, we should not overlook the fact that economic and financial experience of countries can provide models to be applied in other countries. In terms of financial policy, budgetary policy and fiscal policy are the most important. This paper aims to compare the objectives of fiscal policy in Romania during the last three programs of government in the period 2001-2012 and, under the Romanian fiscal responsibi…
Late Holocene erosion of the Canopic promontory (Nile Delta, Egypt)
2017
International audience; The mouths of the Nile Delta are sensitive coastal areas, their geomorphology primarily being mediated by relative sea-level rise and sediment supply. To further document the Holocene evolution of the Nile's Canopic mouth, a core was taken from the southern shores of Abu Qir Bay, close to the ancient Canopic channel. Core bio-sedimentology and chronostratigraphy highlight four stages of marine incursion which are juxtaposed upon the general progradation trend of the Nile coast in this area. Compiled age-depth points from sediment cores taken in Abu Qir Bay underscore two phases of negative sediment budget at the Canopic mouth: (1) a first period, between 3.5 and 2 ka…
Heterogeneity of volatile sources along the Halmahera arc, Indonesia
2021
co-auteur étranger; International audience; The parallel Halmahera and Sangihe arcs in eastern Indonesia are sites of active arc-arc collision of considerable interest in developing understanding of the geodynamics and geochemistry of subduction zones. Owing to the comparative remoteness of the region, few ground-based studies of the volcanoes have been undertaken. Here, we report and integrate gas measurements and (isotope) geochemical analyses of lava samples for Dukono, Ibu, Gamkonora, Gamalama, and Makian volcanoes of the Halmahera arc. Summing gas fluxes for all five volcanoes indicates arcscale emission budgets for H 2 O, CO 2 , SO 2 , H 2 S, and H 2 of 96300±27000, 2093±450, 944±400,…
Wintertime Airborne Measurements of Ice Nucleating Particles in the High Arctic: A Hint to a Marine, Biogenic Source for Ice Nucleating Particles
2020
Ice nucleating particles (INPs) affect the radiative properties of cold clouds. Knowledge concerning their concentration above ground level and their potential sources is scarce. Here we present the first highly temperature resolved ice nucleation spectra of airborne samples from an aircraft campaign during late winter in 2018. Most INP spectra featured low concentration levels (<3 · 10−4 L−1 at −15°C). −2 −1 However, we also found INP concentrations of up to 1.8·10 L at −15°C and freezing onsets as high as −7.5°C for samples mainly from the marine boundary layer. Shape and onset temperature of the ice nucleation spectra of those samples as well as heat sensitivity hint at biogenic INP. Col…
Do Volcanic Eruptions Solve Global Atmospheric Mercury Pollution?
2011
Besides human activities, volcanoes also introduce significant quantities of potentially harmful chemical compounds into the environment, mainly in the forms of gases and particles. High-temperature emissions from persistently degassing volcanoes are a known source of trace metal emissions to the atmosphere which may have important environmental consequences. Among these metals, mercury (Hg) is of particular interest since it is a toxic volatile metal found at elevated concentrations in remote regions of the world. Many natural Hg pathways include a recycled component of anthropogenic material. The anthropogenic contribution to the global atmospheric Hg budget is now well constrained, with …
FUNCTIONAL ANALYSIS OF THE HEALTH SECTOR IN ROMANIA
2015
This paper comprises an assessment of the Romanian health financing policy and a detailed analysis of income and expenditure trends over the past seven years. The current situation of the health system is evaluated by reviewing the existing health legislation and documents on public health policies from Romania and from abroad, by analyzing the official statistics (the Romanian Yearbook of Health Statistics, Who database) and by performing a healthcare system financial analysis. Although the financial efforts of the Romanian state to support the health system have increased, almost all the incomes and expenditures of the health care system having recorded significant increases, the populati…
Household Budget Management and Financial Behaviour of the Italian Family in Times of Crisis*
2023
Why are Italians at the bottom of international rankings on financial literacy? Why do they fail to make speculative financial choices and have a marked aptitude for precautionary saving? Using a Weberian perspective on household “budget management” [haushalt] and analysing the results of recent research (e.g. OECD, CONSOB and Bank of Italy), the authors argue that there are always “good reasons” and thus specific rationality that encourages people to save and reject financial speculation. This economic choice emanates from cognitive bias, financial socialisation, financial literacy, and environmental conditions. The hypothesis is that Italian households demonstrate a weaker attitude toward…