THE CURRENT ACCOUNT OF ROMANIA EVOLUTION, FACTORS OF INFLUENCE, FINANCING

Camelia Milea

Studii Financiare (Financial Studies), 2014, vol. 18, issue 1, 41-57

Abstract: The balance of the current account is a tool used to establish the level of economic development of a country, its international specialization and its degree of dependence on foreign markets. Based on the analysis of a few indicators considered relevant by the author, the article9 aims to present the evolution of Romania's current account balance and of its components during the period 2005-2013, showing the determinants, and highlighting the extent to which the crisis has been one of the factors influencing Romania's current deficit will be analysed, highlighting the advantages and disadvantages of this type of financing.

Keywords: incomes; services; deficit; financing; investment; foreign loans and credits (search for similar items in EconPapers)
JEL-codes: F14 F32 G01 (search for similar items in EconPapers)
Date: 2014
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