POLITICAL IDEOLOGY AND FISCAL POLICY. THE CASE OF ROMANIA

The main question asked in this paper regards the possible influence of political ideology on the fiscal policy measures proposed and implemented by the Romanian government. We observe the political affiliation of the ministers of finance and the positioning of their parties on the left-right axis....

Full description

Saved in:
Bibliographic Details
Published in:Financial Studies 2016-01, Vol.20 (2), p.55-69
Main Author: Ciumara, Tudor
Format: Article
Language:English
Subjects:
Budget deficits
Economic conditions
Finance
Fiscal policy
Government
Ideology
Macroeconomics
Objectives
Political parties
political party
Politics
Public finance
Studies
Taxation
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The main question asked in this paper regards the possible influence of political ideology on the fiscal policy measures proposed and implemented by the Romanian government. We observe the political affiliation of the ministers of finance and the positioning of their parties on the left-right axis. We find there is a certain equilibrium in terms of the duration the Ministry of Finance portfolio was occupied by a representative of the centre-leftversus centre-right parties. The analysis of the influence of ideology on policy is complicated by external facts such as political, social and economic context.
ISSN:2066-6071