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Coordination Of Fiscal Policies At European Level

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Executive Summary

The concept of fiscal policy is often presented in different ways, usually highlighting its feature regarding the fiscal system promoted by a specific country. In fact, fiscal policy cannot be conceived different from a mixture between the methods of acquiring the resources for the state and those regarding the destinations given to those resources, to accomplish the assigned functions and tasks. For that reason, the authors would define fiscal policy as representing the ensemble of decisions through which is accomplished structural molding of fiscal system, ensuring its functionality for obtaining the desired economic results by public decision-makers.

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