ASSESSING THE SUSTAINABILITY OF PUBLIC FINANCES IN ROMANIA

被引：0

作者：

Zaman, Constantin ^{[1
,2
]}

机构：

[1] CASE Ctr Social & Econ Anal Warsaw, Warsaw, Poland

[2] CES Paris, Paris, France

来源：

ROMANIAN JOURNAL OF ECONOMIC FORECASTING | 2011年 / 14卷 / 02期

关键词：

sustainability; public finances; budget deficit;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper proposes a simple method to assess the sustainability of public finances in Romania, which uses the twin deficits concept. We conclude that the sustainability of the country has been seriously affected by the recent crisis, but to a larger extent by the inappropriate design of economic policies in the past years. Budget deficits have been recorded even in times of high economic growth, while foreign debt has accumulated at an unjustifiable increasing speed.

引用

页码：106 / 115

页数：10

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