The Impact of the Economic Crisis on the Public Debt of Romania

Ispas Roxana (), Simion Dalia () and Patrutescu Monica ()
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Ispas Roxana: University of Craiova, Faculty of Economics and Business Administration
Simion Dalia: University of Craiova, Faculty of Economics and Business Administration
Patrutescu Monica: University of Craiova, Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, pages 1056-1060

Abstract: This work proposes to remove the current impact of the financial crisis in Romania, the current public debt, and a perspective of its next years. Also the structure of the public debt is analyzed on types of instruments, i.e state loans, bonds, the bonds, eurobonds. Their is even risks detailed on what rhythm they entail with growing public debt in Romania, not only in terms of debt level itself, as the pace in the place, taking into account the fact that more than a third of the loans of authorities are contracted in the short term, and the reimbursement will be carried out in the period 2012-2015.

Keywords: debt and loans; domestic Gross Product (GDP); domestic financial obligations; external financial obligations (search for similar items in EconPapers)
JEL-codes: G01 G G H (search for similar items in EconPapers)
Date: 2011
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Persistent link: http://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:1056-1060

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