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Tag Archives: Dezvoltare economică

In economic policy, policymakers must learn from previous mistakes

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surselecresteriiIt is important that policymakers are aware of previous mistakes and responsible when it comes to economic policy. In the economy, resources are limited, and that’s the reason why we can’t afford to have all at once. National fiscal policies, although they benefit from Parliament’s support, are sometimes against the rules of fiscal governance, which were also adopted by the

Regional Gaps in a European Context: Is Romania Getting Closer to the Euro?

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More and more arguments are being introduced, either congruently or interchangeably, into the list of criteria for the adoption of the common currency. Sometimes, preconceived positions make their way through the multitude of invoked counter-arguments. Nominal convergence criteria have been continuously supplemented, sometimes

Institutions and Prosperity (I)

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manvs-institutionAgainst mainstream considerations, the history of modern economic development does not identify itself with the history of technological progress, but with the history of “rights”, conceived as a (economical and juridical) “technology” that structures human interaction within society. This evolution is inseparable from the genesis of capitalism and of the modern system of

Cosmin Marinescu