MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION
Changes to the institutional framework of the Treaty on Stability, Coordination and Governance put great emphasis on fiscal discipline in the European Union, especially for countries belonging to the Eurozone, but also for the accession countries. Surveillance of budgetary policies and the excessi...
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Academica Brâncuşi
2015-03-01
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Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2015-01.Volumul%202/23_Arjocu%20Dronca.pdf |
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doaj-9841f68691f84a21af709249eb388a6c2020-11-24T22:56:01ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie 1844-70071844-70072015-03-0121147 153 MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNIONARJOCU ANA-MARIA0DRONCA ALEXANDRU1WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, TIMISOARA, ROMANIAWEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, TIMISOARA, ROMANIAChanges to the institutional framework of the Treaty on Stability, Coordination and Governance put great emphasis on fiscal discipline in the European Union, especially for countries belonging to the Eurozone, but also for the accession countries. Surveillance of budgetary policies and the excessive deficit procedure are directions, which have to be followed, to meet debt limit and public deficit of gross domestic product, so as to fulfil fiscal and financial stability and economic integration. The objectives of this paper are to analyze, using the method of estimating the structural budget deficit, the EU Member State’s ability to fulfill the requirements of fiscal and financial stability. The findings of the scientific research and the methodology used shows the potential of the 28 member states of the European Union to fulfil the requirements for fiscal and financial stabilityhttp://www.utgjiu.ro/revista/ec/pdf/2015-01.Volumul%202/23_Arjocu%20Dronca.pdfstructural budget deficitoutput gap |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
ARJOCU ANA-MARIA DRONCA ALEXANDRU |
spellingShingle |
ARJOCU ANA-MARIA DRONCA ALEXANDRU MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie structural budget deficit output gap |
author_facet |
ARJOCU ANA-MARIA DRONCA ALEXANDRU |
author_sort |
ARJOCU ANA-MARIA |
title |
MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION |
title_short |
MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION |
title_full |
MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION |
title_fullStr |
MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION |
title_full_unstemmed |
MEASURING THE STRUCTURAL BUDGET DEFICIT IN THE EUROPEAN UNION |
title_sort |
measuring the structural budget deficit in the european union |
publisher |
Academica Brâncuşi |
series |
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
issn |
1844-7007 1844-7007 |
publishDate |
2015-03-01 |
description |
Changes to the institutional framework of the Treaty on Stability, Coordination and Governance put great
emphasis on fiscal discipline in the European Union, especially for countries belonging to the Eurozone, but also for the
accession countries. Surveillance of budgetary policies and the excessive deficit procedure are directions, which have to
be followed, to meet debt limit and public deficit of gross domestic product, so as to fulfil fiscal and financial stability and
economic integration.
The objectives of this paper are to analyze, using the method of estimating the structural budget deficit, the EU
Member State’s ability to fulfill the requirements of fiscal and financial stability. The findings of the scientific research
and the methodology used shows the potential of the 28 member states of the European Union to fulfil the requirements
for fiscal and financial stability |
topic |
structural budget deficit output gap |
url |
http://www.utgjiu.ro/revista/ec/pdf/2015-01.Volumul%202/23_Arjocu%20Dronca.pdf |
work_keys_str_mv |
AT arjocuanamaria measuringthestructuralbudgetdeficitintheeuropeanunion AT droncaalexandru measuringthestructuralbudgetdeficitintheeuropeanunion |
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