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Re-modeling The Romanian Fiscal Policy Under The Terms Of The Economic Crisis

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Executive Summary

This paper brings arguments for the necessity to re-think the modality to analyze and interpret the Romanian fiscal policy, under the terms of the future adheration to the Euro Zone. Under these terms, this study estimates the structural budget deficit, considering this indicator as one of the most relevant for assessing the performance of the fiscal management, and also the extent to which the Romanian fiscal policy is prepared to act as a sole instrument which can stabilize the national economy after entering the Euro Zone.

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