Political and Business Cycles: Interferences and Socio-Economic Implications in Romania and Republic of Moldova
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2024-03-26 01:38
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330.33+338.12 (1)
Dinamica economică. Circuit economic (453)
Situație economică. Ciclu economic. Dezvoltarea structurii economice. Creștere (285)
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PERCIC, Stanislav, APOSTOAIE, Constantin-Marius, ULIAN, Galina. Political and Business Cycles: Interferences and Socio-Economic Implications in Romania and Republic of Moldova. In: Analele Universităţii Ovidius, Seria: Ştiinţe Economice, 2014, vol. 14, nr. 1, pp. 163-168. ISSN 2393-3119.
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Analele Universităţii Ovidius, Seria: Ştiinţe Economice
Volumul 14, Numărul 1 / 2014 / ISSN 2393-3119 /ISSNe 2393-3127

Political and Business Cycles: Interferences and Socio-Economic Implications in Romania and Republic of Moldova

CZU: 330.33+338.12
JEL: E32, D72, E52, E61

Pag. 163-168

Percic Stanislav1, Apostoaie Constantin-Marius1, Ulian Galina2
 
1 Alexandru Ioan Cuza University of Iaşi,
2 Moldova State University
 
 
Disponibil în IBN: 18 martie 2024


Rezumat

The electoral instability falls into the continuous shifts in paradigms, systems, values and economic performance which countries around the world still experience. We believe it is common sense that the election process in a democratic country has an important impact (even a manipulation effect) on its economy. In this context, this paper aims to test the interferences between the political cycle and the business cycle in Romania and Republic of Moldova. The paper aims to verify if the government has an expansionist policy before the elections, which leads to a lower level of taxes and unemployment and contributes, at the same time, to the increase of the consumption per inhabitant, of the GDP and of the subventions granted by the government, followed by a restrictive one.

Cuvinte-cheie
business cycle, political cycle, inflation, unemployment, economic growth