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PUBLIC INVESTMENT CHALLENGES AND REFORMS IN ROMANIA

Daniela Pirvu () and Claudia Stanciu-Tolea ()
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Daniela Pirvu: University of Pitesti, Romania
Claudia Stanciu-Tolea: University of Pitesti, Romania

Scientific Bulletin - Economic Sciences, 2019, vol. 18, issue 3, 47-53

Abstract: The public investments play an important role in stimulating the economic growth and in reducing the disparities between urban and rural areas or between the regions of a country. The share of public investments in GDP in Romania has decreased significantly in recent years, giving the increase of some categories of public expenses, as well as the decrease of the budget revenues that have generated actions to adjust the state budget, in order to avoid the excessive deficit procedure. This paper analyzes the problem of public investments in Romania correlated with the evolution of the main categories of public expenses.

Keywords: Economic growth; Public investments; Public expenses. (search for similar items in EconPapers)
JEL-codes: E60 H41 H54 (search for similar items in EconPapers)
Date: 2019
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