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Deficits and Growth from Romania's Perspective

Transylvanian Review of Administrative Sciences

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Title Deficits and Growth from Romania's Perspective
 
Creator MOLDOVAN, Bogdan Andrei; Assistant Professor, Public Administration Department, Faculty of Political, Administrative and Communication Sciences, Babes-Bolyai University, Cluj-Napoca, Romania
LAZĂR, Dan Tudor; Associate Professor, Public Administration Department, Faculty of Political, Administrative and Communication Sciences, Babes-Bolyai University, Cluj-Napoca, Romania
 
Subject
 
Description In the last eight years Romania has encountereda significant growth of the GDP. However,the economy does not seem capable to value thisgrowth by balancing the budget and reducing thecurrent account deficit, problems that are persistentduring the last period.In 2008 the Romanian economy had thehighest level of budget deficit since the 90’s. Thereis an important debate between the economistson this issue and we have to see if there is anyreason to worry, having in mind the current globalfinancial crisis.This paper tries to analyze the problemsof budgetary deficit, current account deficit andeconomic growth. We will take a look on last periodstatistics and on specific literature, see how thosevariables evolved over time and in different casesand we will try to identify possible connectionsbetween them.
 
Publisher Babes Bolyai University
 
Contributor
 
Date 2009-06-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://rtsa.ro/tras/index.php/tras/article/view/207
 
Source Transylvanian Review of Administrative Sciences; 2009: Issue No. 26 E/June; 94-105
18422845
 
Language eng
 
Relation http://rtsa.ro/tras/index.php/tras/article/view/207/203
 
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