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Theoretical and Applied Economics
No. 7 / 2011 (560)

The European Recovery Economic Plan and Quality of Public Finances – Instruments for Monitoring and Improving Fiscal and Economic Systems

Mircea SOROCEANU
“Petre Andrei” University, Iaşi
Carolina Daniela LUPAŞCU (SOROCEANU)
“Alexandru Ioan Cuza” University, Iaşi

Abstract. “To promote a growth and employment orientated and efficient allocation of resources, Member States should re-direct the composition of public expenditure towards growth-enhancing categories in line with the Lisbon strategy, adapt tax structures to strengthen growth potential, ensure that mechanisms are in place to assess the relationship between public spending and the achievement of policy objectives, and ensure the overall coherence of reform packages”. [The Lisbon Strategy, integrated guideline no 3].

Keywords: growth potential synergies; corrective component; preventive component; the excessive deficit; budget stimulus; sustainability of public finances; structural reforms.

Contents

The Decline of Modernity
Marin Dinu
1

Characteristics of Criteria for Selecting Investment Projects under Uncertainty

Dan ARMEANU · Adrian ENCIU · Dorina POANTA

2

Online Services Management Support for an Intelligent Locality

Lorena BĂTĂGAN · Adrian POCOVNICU

3

The Meanings of “Made in Romania” among the Romanian Consumers

Cătălin Mihail BARBU

4

Forms and Strategies of the Banks to Enter on a Foreign Market

Nicoleta HURDUC · Alin NIŢU

5

Effects of Macroeconomic Variables on the Stock Market: The Case of the Czech Republic

Yu HSING

6

The European Recovery Economic Plan and Quality of Public Finances – Instruments for Monitoring and Improving Fiscal and Economic Systems

Mircea SOROCEANU · Carolina Daniela LUPAŞCU (SOROCEANU)

7

An Optimization of the Risk Management using Derivatives

Ovidiu ŞONTEA · Ion STANCU

8

Towards to the Respiritualization of the Economics

Constantin POPESCU · Mihaela COMĂNESCU

9

Financial Crisis from the Trust and Loss Aversion Perspective in Emerging Romanian Capital Market

Antoniade-Ciprian ALEXANDRU · Nicoleta CARAGEA

10

The Contribution of the Neo-Schumpeterian Approach to the Development of the Economic Theory: Emphasis on the Meso-Economic Level

Radu HERMAN · Remus AVRAM

11

Dobrogea as Romanian Tourism Micro-destination

Aurelia-Felicia STĂNCIOIU · Nicolae TEODORESCU · Anca-Daniela VLĂDOI · Ion PÂRGARU · Daniel MOISE

12

The Rethinking of the Economic Activity Based on Principles of Eco-Efficiency

Daniela VÎRJAN

13

The Correlation between the Conceptual System of the Political Economy and that of the Accountancy – a Solution for Reducing the Risks Connected to the Administration Activities in any Stage of the Economic

Aurelian Virgil BĂLUŢĂ