Revista OEconomica

Raluca-Georgiana ROBU, Maria GHEORGHE (NIŢU), Valentin COJANU, Alexia-Maria POPESCU - Between Opportunity and Dependency: The Evolution of Romania’s Trade with Asian Economies [Între oportunitate şi dependenţă: evoluţia comerţului României cu economiile asiatice]

Narciz BĂLĂŞOIU, Octavian-Dragomir JORA, Răzvan Marian PÎRCĂLĂBESCU - Romania’s Positioning and Room for Manoeuvre: The Dilemmas of Peripheral Adaptation in the New Indo-Pacific [Poziţionarea şi marjele de manevră ale României: dilemele adaptării periferice în noul Indo-Pacific]

Mădălina JURUBIțĂ - Redefining EU Trade Policy for an Age of Geoeconomic Rivalry: Strategic Autonomy, Security, and Resilience

Geicun MUSTAFA - Islamophobia as an Informal Trade Barrier: Reputational Risk and the Political Economy of Deglobalization

Hesam JEBELI-BAKHT-ARA - Racialized Capitalism and Economic Discrimination: The Case of Ethnic Labour Segmentation in Contemporary Europe

Articles on Issue Theme

Emil DINGA

Academia Română

The paper aims to discuss the concept of fiscal sustainability, in the framework of the general sustainability property of a system. To this end, after some theoretical preliminaries, a set of algebraic formalizations is provided in order to capture the concept of fiscal sustainability from a methodological perspective. Some criteria and macroeconomic indicators are proposed and examined for measuring the state and the dynamics of fiscal sustainability. Then, the formal acquisitions are used empirically to assess the state of fiscal sustainability in Romania. Finally, some considerations regarding our own proposals are made, while also including some methodological precautions.

ŒCONOMICA no. 2/2019

Keywords: fiscal sustainability, sustainability modelling, algebraic formalization, fiscal stance, fiscal system

JEL: B41, E62, H30

An Assessment of Fiscal Sustainability in Romania

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