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SOME ASPECTS CONCERNING THE DYNAMIC OF HOUSEHOLD WEALTH AND DEBT IN EUROPEAN UNION AND ROMANIA

Nicolae Petria

Revista Economica, 2008, vol. 41, issue 4, 77-96

Abstract: The paper discusses the global trends in the dynamic of household wealth and debt concentrate on the main developed countries, namely the US, Canada, Western Europe, Japan and Australia plus the CEE countries, which, overall, represent 88 % of global household wealth. There are also presents on overview of the composition of wealth by region of the household financial wealth in European Union, Western Europe & CEE 2006 and of the household portfolio structure. We looking on the structural indicators of the household sector and on the CEE and Romanian households’ financial behaviour. This paper intends to make a presentation of the portfolio composition of households’ wealth in CEE countries and Romania and of the current trends in this sector. The paper discusses the actual state of the Romanian household wealth versus household financial wealth in European Union, Western Europe & CEE countries and the futures trends.

Keywords: household wealth; household debt; financial; portfolio composition; wealth trends. (search for similar items in EconPapers)
Date: 2008
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