Budget deficits and public debt
Additional contact information
Ionut Constantin: Faculty of Bussines and Administration, University of Bucharest, Romania
Manager Journal, 2009, vol. 9, issue 1, 7-16
In the recent decades, the budget deficit has become one of the characteristics of national economies. Furthermore,it finds its dimensions amplification. Despite this, more and more are the economists who dispute the need to balance the budget,arguing the need even the deficit and systematic use of in order to achieve economic equilibrium.Such guidance is substantiated by the need to promote an economic policy which ensures full use of resources and non-inflation economic growth.In these circumstances, balancing the budgest is clearly of secondary importance. In this context, it supported the need to increase expenditure at a pace faster than income growth and, implicitly , to keep budget deficits.
Keywords: budget deficit; economic equilibrium; economic policy; public debt; budgetary policy (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:but:manage:v:9:y:2009:i:1:p:7-16
Access Statistics for this article
Manager Journal is currently edited by Paul Marinescu
More articles in Manager Journal from Faculty of Business and Administration, University of Bucharest Contact information at EDIRC.
Series data maintained by Cosmin Catalin Olteanu ().