Forced Fiscal Regulation: Impact Factors and Efficiency
Valentina Butmalai,
Alina-Florentina Săracu,
Irina Susanu
et al.
Abstract:Tax regulation issues have been the focus since the COVID-19 crisis and the subsequent EU energy crisis. From the Keynesian approach, the expansionary fiscal policy of states can contribute to stimulating aggregate demand and, as a consequence, economic growth, on the other hand, the post-crisis macroeconomic policy trend has become fiscal compression (budget consolidation), corresponding to the neoliberal paradigm. This policy has been actively promoted by the supranational institutions of EU, which, with the… Show more
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