Search results for "jel:O11"
showing 5 items of 5 documents
FISCALITY – RELEVANT FACTOR INFLUENCING THE BUSINESS ENVIRONMENT
2013
Main tool for macroeconomic management - fiscal policy consists in establishing the levels of taxation and spending in order to influence macroeconomic performance. Fiscal policy, promoted by the government authorities of any contemporary state, is directed usually to achieving microeconomic and macroeconomic goals deriving from the roles the state must fulfill in the economy, respectively the allocative role, distributive, regulatory and the stabilizer role. Governmental authorities, through the production and supply of public goods that are financed at the expense of taxes or duties, or on the public debt, affect both individuals’ utility functions and production functions of economic age…
Sectoral Transformations in Neo-Patrimonial Rentier States: Tourism Development and State Policy in Egypt
2007
This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent revenues during the 1980s tourism development was the optimal strategy to compensate for the resulting fiscal losses. Increasing tourism revenues have helped in coping with macroeconomic imbalances and in avoiding more costly adjustment of traditional economic sectors. Additionally, they provided the p…
Romanian educational system - component of the national economy
2009
National economy as a stand-alone entity, is a set of resources (natural, material, human, etc..), production activities, trade, service etc. that have established branches, sectors, etc. at a country’s level, between which are established reciprocal links which is based on the material and spiritual movement values, ensures the operation and economic development of society. Thus, the national economy’s system appears as a set of interconnected elements through economic, educational, informational, technological, cultural, etc. relations according to a predetermined goal, or serving the same goal.
Competitiveness, Economic Freedom and Real Exchange Rate. Evidence from Romania
2006
In the new context of European Integration, Romania has to improve some important macroeconomic indicators, such as: competitiveness, economic freedom and real exchange rate for a sustainable economic growth. Many authors emphasize that competitiveness and economic freedom affects economic growth through stimulating investment and business environment. The equilibrium exchange rate is crucial as it directly influences external competitiveness, especially through export prices. For Romania, the competitiveness can be improved through the economic freedom growth and the real exchange rate appreciation. But this appreciation must be accompanied by a rise in productivity and in the quality of t…
SOME REFLECTIONS CONCERNING THE CURRENT FUNDAMENTAL PROBLEMS OF ROMANIA
2012
We address these issues, which we consider fundamental for Romania and not only, in a time when the impact of the economic crisis and of the IMF loan are far from being shaped conceptually and pragmatically, as solutions.We, unfortunately alone, express the view that this devastating phenomenon - the crisis - has two distinct components: a real one, induced by the errors that were made, especially in the banking system and a psychological one of fear, of the disorder, the arbitrary restriction of activity, etc., therefore generated out of ignorance, which in our opinion has the largest impact.Regarding the IMF loan, we want to warn that any borrowing for consumption has dramatic consequence…