Author Archives | iulian.viorel.brasoveanu

The Influence of the Business Environment on Small and Medium Enterprises

The Small and Medium Enterprise sector in Romania has been significantly affected by the global recession in the years 2008-2009; currently it is making efforts to revive it, thanks to important role it occupies in the economy of any country. SMEs raise wide debates, especially on fiscal measures. In Romania, SMEs represent 99.7% of all businesses, generating two-thirds of jobs in the business and half of gross value added. This paper focuses on the development of SMEs and hence on business environment in Romania. The purpose of this paper is to present the influence which regulations and evolution of businesses environment have on the SME sector.

  The Influence of the Business Environment on Small and Medium Enterprises (415.5 KiB, 5,734 hits)

Posted in Economics, Knowledge Management, Volume IV, Issue no. 2Comments Off on The Influence of the Business Environment on Small and Medium Enterprises

Fiscal Policy In European Union Countries – A Comparative Analysis Of Adjustment And Expansions Fiscal Policy Episodes

Current financial and economical context brings new challenges for most of the countries – the decrease of public revenues and the incapacity to adjust the public expenditures. This article aims to identify the applied strategies for large discretionary fiscal changes – fiscal adjustments and fiscal expansions for the period 1996-2011 in European Union countries – through changes in public revenues or public expenditures, and the effects on the economic growth process. Using data for fiscal adjustments (improve more than 1.5 percentage points of the budget balance) and for fiscal expansions (deterioration more than 1.5 percentage points of the budget balance), there are analysed the strategies and the consequences for reducing/increasing the deficit.

  Authors: Fiscal Policy In European Union Countries – A Comparative Analysis Of Adjustment And Expansions Fiscal Policy Episodes (267.7 KiB, 2,070 hits)

Posted in Economics, Volume II, Issue no. 3Comments Off on Fiscal Policy In European Union Countries – A Comparative Analysis Of Adjustment And Expansions Fiscal Policy Episodes