CONSIDERATIONS UNDER PUBLIC DEBT WITH THE CURRENT ECONOMIC CRISIS

Ionel Eduard Ionescu and Cristian Oprea
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Ionel Eduard Ionescu: Faculty of Finance and Banks, Bucharest Spiru Haret University
Cristian Oprea: Faculty of Finance and Banks, Bucharest Spiru Haret University

Annals of Spiru Haret University, Economic Series, 2010, vol. 1, issue 1, 131-137

Abstract: In current economic conditions, in full financial crisis, many world state governments looked for external funding to cover budgetary deficits, fact that led to explosive external debt of these states. The state must accomplish its objectives. For overtaking each economic, industrial, cultural, political, technical sector needs, needs financial resources; but not always the state internal financial resources cover entirely financial needs.

Keywords: public debt; external public debt; consolidated debt (search for similar items in EconPapers)
JEL-codes: H63 H73 (search for similar items in EconPapers)
Date: 2010
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