2014•Journal of Public Administration Finance and LawRequires access

FISCAL POLICY IN AND AFTER CRISES

Alina Cristina, Rodica Pripoaie, Florian Marcel

Abstract

The general objective of this paper is to present the sustainability of fiscal policy measures in times of financial crises and after, when the economy recovers. Our aim is to provide some possible measures, lessons, recommendations and best practices that can be used in the future concrete situations. In addition, in this paper we analyze the use of fiscal tools from different doctrinal perspectives. Keyword: Automatic stabilizer, Economic crisis, Taxes and benefits, Fiscal policy, Fiscal sustainability.

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Key concepts: Fiscal policy, Fiscal sustainability, Sustainability, Economics, Fiscal union, Economic policy, Macroeconomics, Financial crisis