期刊名称:Annals of the University of Oradea : Economic Science
印刷版ISSN:1222-569X
电子版ISSN:1582-5450
出版年度:2002
卷号:XI
出版社:University of Oradea
摘要:Governments need not, and should not to be idle. There is much they can do to spur
competitiveness and economic growth. Choosing the right policies is a matter of cost-effectiveness.
Some highly cost-effective policies are to curb public borrowing, to increase public investment in
education, in infrastructure and in certain sorts of research and development. Also, governments are
striving to cut their budget deficits. The most successful debt-cutters have been those who are bold
enough not to raise taxes, but, rather, to trim expenditure and the supposedly sacred areas of
spending at that.