Fiscal Sustainability in the Non-Euro States
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2017, Vol 7, Issue 1
Abstract
Forming an opinion about the ability of a government of any State to honor its financial obligations in the long term, raise the issue of fiscal sustainability. This subject involves analysis of the main elements useful in maintaining macroeconomic stability, fiscal sustainability. In essence, government options in terms of fiscal policy developments affecting the fiscal deficit, indebtedness and ability to mobilize the necessary financial resources coatings, respectively refinaţării these indicators. In this paper, the study of fiscal sustainability is focused primarily on countries outside the euro area; highlighting the extent to which they, by applying their own national tax systems are consistent with the overall objective of the European Commission, recently said the "Europe 2020 Strategy".
Authors and Affiliations
Alina - Georgiana Solomon
Monetary Policy Tools and Inflation in Kenya
Inflation is an critical aspect of every economy and presents a balancing act to most governments through regulatory framework. Inflation can break or break the economy of a nation. Hence policy makers in the government...
The Impact of Financial Indicators towards Stock Returns of Finance Companies Listed on Bursa Malaysia
This research was conducted to examine the relationship between financial indicators which are Earning per Share growth (EPS), Return on Equity growth (ROE) and Dividend per Share growth (DPS) against stock returns of fi...
Does Liquidity and Solvency Affect Banks Profitability? Evidence from Listed Banks in Jordan
This paper examines the impact of liquidity and solvency on banks profitability. All banks listed in Amman exchange were selected (15 banks) for the period 2012- 2014. To measure the liquidity the quick ratio was calcula...
Income Smoothing Behavior at the Times of Political Crises
This study aimed to investigate the effect of political crises on income smoothing behavior in non-financial firms listed on Amman Stock Exchange (ASE) during the period 2006-2015. Chi-Square, Correlation and Logistic Re...
Determinants of Employee Engagement in Hotel Industry in Malaysia. A Theoretical Model