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Theoretical and Applied Economics
No. 1 / 2011 (554)

Considerations Regarding the Mix of Anticrisis Fiscal Policies in Romania

Ioan TALPOŞ
West University of Timişoara
Alexandru AVRAM
West University of Timişoara

Abstract. The last centuries, it has been noticed that the economic activity does not unfold linearly, that the expansion periods are followed by a contraction of the economic activity, that the peak moments cannot be maintained endlessly and that, after recession, a relaunch of the economic activity may occur. The political and economical cycles, emphasized by the last decades, made people talk more about the countercyclical policies and about the behaviour of the politicians seen in strong connection with the behaviour of the voting population.

    To reduce the effects of the current crisis, the state uses fiscal incentives, this representing a combination of public expenses and a reduction of the taxes for the companies and the households which aims at the revival of the economic life, the increase of employment and the recovery of the business environment.

    The countercyclical policies are known and applied all over the world, each responsible government choosing those instruments of budget and fiscal policy which best match the concrete possibilities of economy and correspond with its political doctrines. Thus seen the mix of fiscal policies is firstly a political choice, but with a strong impact on the economy of a country.

Keywords: fiscal policies; political and economical cycles; fiscal stimulation; budget deficit; fiscal stabilizers.

Contents

The Circularity of Ideologies
Marin Dinu
1

Considerations Regarding the Mix of Anticrisis Fiscal Policies in Romania

Ioan TALPOŞ · Alexandru AVRAM

2

Women Entrepreneurship in the Western Romania. Research Results and Policy Recommendations

Anca DODESCU · Alina BĂDULESCU · Adriana GIURGIU · Ioana POP-COHUŢ

3

How to Improve Small and Medium-Sized Enterprises Profitability by Practicing an Efficient Human Resources Management

Antonio GARCÍA SÁNCHEZ · Dan POPESCU · Iulia CHIVU · Alina CIOCÂRLAN-CHITUCEA · Daniela Oana POPESCU

4

Time and Causality in the Economic Process – a Critical Approach Based on Consistency Criteria

Cristina TĂNĂSESCU · Vasile BRĂTIAN · Camelia OPREAN

5

The Reform of the National Public Policies Process under the Influence of Europeanization Changes in the Policy-Making in Romania on Institutional and Legislative Level

Ani MATEI · Tatiana-Camelia DOGARU

6

Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis

Aura Gabriela SOCOL · Dorin MĂNTESCU

7

New Hypothesis on Service Management within the Global World

Ion PLUMB · Andreea ZAMFIR

8

Current Economic and Financial Crisis – New Issues or Returning to the Old Problems? Paradigms, Causes, Effects and Solutions Adopted

Felix TOTIR · Ingrid-Mihaela DRAGOTĂ

9

Contributions of Agriculture to Economic Fluctuations in Romania

Anca DACHIN

10

Foreign Direct Investments Expansion – Essential Globalization Factor

Cătălin Emilian HUIDUMAC PETRESCU · Radu-Marcel JOIA · Gheorghe HURDUZEU · Liviu Bogdan VLAD

11

Implications of Asymmetric Information in the Real Estate Crisis in US

Marta Christina SUCIU · Luciana PICIORUŞ · Cosmin Ionuţ IMBRIŞCĂ

12

The Crowding out Effect on the Labor Market in Romania

Mihaela Hrisanta DOBRE