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THE CREDIT INFLUENCE ON THE ECONOMIC GROWTH IN ROMANIA

Gheorghe MOROsAN (), Iulian Condratov () and Aurica Trandafira Sofian ()
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Gheorghe MOROsAN: Stefan cel Mare University of Suceava, Romania
Iulian Condratov: Stefan cel Mare University of Suceava, Romania
Aurica Trandafira Sofian: Stefan cel Mare University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2017, vol. 17, issue 1(25), 118-128

Abstract: The purpose of this paper is to highlight the correlations existing between credit and GDP; it will be shown, as well, which is the credit influence on the economic growth. The motivation for this work derives from the fact that, at the national level, has been discussed countless ways for ensuring economic growth. The objectives followed within the present paper takes into account, mainly, to: introduce the main theoretical aspects related to credit; present the main theories of economic growth; analyze and interpret the macroeconomic indicators, relevant for economic growth at the macro level; analyze the existing relations between credit and economic growth as well as the credit influence on GDP. The paper focuses on the existing correlations between credit and economic growth, determined using the SPSS program.

Date: 2017
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