Artikel

Common Fiscal Policy

The purpose of this article is to demonstrate that a common fiscal policy, designed to support the euro currency, has some significant drawbacks. The greatest danger is the possibility of leveling the tax burden in all countries. This leveling of the tax is to the disadvantage of countries in Eastern Europe, in principle, countries poorly endowed with capital, that use a lax fiscal policy (Romania, Bulgaria, etc.) to attract foreign investment from rich countries of the European Union. In addition, common fiscal policy can lead to a higher degree of centralization of budgetary expenditures in the European Union.

Language
Englisch

Bibliographic citation
Journal: CES Working Papers ; ISSN: 2067-7693 ; Volume: 6 ; Year: 2014 ; Issue: 2a ; Pages: 141-149 ; Iasi: Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Classification
Wirtschaft
Financial Aspects of Economic Integration
Fiscal Policy
Subject
common fiscal policy
foreign investment
taxes
public expenditure Romania

Event
Geistige Schöpfung
(who)
Mursa, Gabriel
Event
Veröffentlichung
(who)
Alexandru Ioan Cuza University of Iasi, Centre for European Studies
(where)
Iasi
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Mursa, Gabriel
  • Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Time of origin

  • 2014

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