Non-reimbursable external funds versus public debt

Georgiana Camelia Creţan, Mirela Anca Postole and Marilena Ciobănașu
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Georgiana Camelia Creţan: Bucharest University of Economic Studies, Romania
Mirela Anca Postole: Titu Maiorescu University, Bucharest, Romania
Marilena Ciobănașu: Titu Maiorescu University, Bucharest, Romania

Theoretical and Applied Economics, 2014, vol. XXI, issue Special, 94-103

Abstract: The scientific research conducted by the authors focuses on analyzing nonreimbursable external funds and public debt considering the social and economic context in Romania. The research approaches non-reimbursable external funds, implementation and absorption of financial flows generated by structural funds for 2007-2013. Authors point out that the administration process for governmental public debt has as the main objective ensuring government financing requirements while minimizing long term debts and limiting risks. Advantages and disadvantages of accessing non-reimbursable external funds versus state loans are also presented.

Keywords: non-reimbursable external funds; public debt; financial crisis. (search for similar items in EconPapers)
Date: 2014
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