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  • 标题:DEFICITS AND GROWTH FROM ROMANIA'S PERSPECTIVE
  • 本地全文:下载
  • 作者:Bogdan Andrei MOLDOVAN ; Dan Tudor LAZĂR
  • 期刊名称:Transylvanian Review of Administrative Sciences
  • 印刷版ISSN:1842-2845
  • 出版年度:2009
  • 卷号:26
  • 出版社:Babes Bolyai University
  • 摘要:In the last eight years Romania has encountered a significant growth of the GDP. However, the economy does not seem capable to value this growth by balancing the budget and reducing the current account deficit, problems that are persistent during the last period. In 2008 the Romanian economy had the highest level of budget deficit since the 90’s. There is an important debate between the economists on this issue and we have to see if there is any reason to worry, having in mind the current global financial crisis. This paper tries to analyze the problems of budgetary deficit, current account deficit and economic growth. We will take a look on last period statistics and on specific literature, see how those variables evolved over time and in different cases and we will try to identify possible connections between them.
  • 关键词:budgetary deficit;current account deficit;economic growth
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