INSTITUTIONS, POLICIES AND EFFICIENCY IN ECONOMIES
Journal Title: Revista Tinerilor Economisti - Year 2007, Vol 1, Issue 8
Abstract
Abstract: There are cases where the governments may not always serve the public interest. The implication seems to be that governments can help out but only if properly constrained. The impact of these ideas on monetary policy led to creation of Central banks. As far as fiscal policymaking is concerned, the evolution has been slower. It would seem that we are now ready to move to the next step, replacing rules with adequate incentives backed by institutions - fiscal policy committees.
Authors and Affiliations
Pavel Stoynov
Keywords
Related Articles
- EP ID EP107737
- DOI -
- Views 95
- Downloads 0
MEASUREMENT AND EVALUATION OF INTELLECTUAL CAPITAL
The purpose of the paper is to provide the succinct description of the current status of theory and practice in the valuation of intellectual (intangible) capital, including the professional valuation of intellectual...
MANAGING AMBIGUITY OF STRATEGIC ALLIANCES – THE ROLE OF NEGOTIATIONS
Strategic alliances have become an important part of most company's portfolios. In an era of rapid technological change, the ever rapidly changing competitive landscape, and the globalization of competition more and m...
FOREIGN DIRECT INVESTMENT IN ROMANIA - RECENT TRENDS
Though some substantial gains in recent years, direct investment flows have remained relatively low compared to the potential of a market with great natural resources, skilled labor and flexible legislative environmen...
DETERMINATION OF THE EU GRANT AND SPECIFIC ISSUES OF COST-BENEFIT ANALYSIS
The objective of this paper is to present a set of working rules which will lead to more consistency and rigor in future cost – benefit analyses (CBA) and hence to better informed decision making. In order to ensure c...
WHAT MOTIVATES EMPLOYEES OF BANKING SYSTEM
The relationship between people and their work has long attracted psychologists, behavioral scientists and, also, economic scientists. Early management theories suggested using financial compensation to impel motivati...