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The Impact of the Economic Crisis on the Public Debt of Romania

Author

Listed:
  • Ispas Roxana

    (University of Craiova, Faculty of Economics and Business Administration)

  • Simion Dalia

    (University of Craiova, Faculty of Economics and Business Administration)

  • Patrutescu Monica

    (University of Craiova, Faculty of Economics and Business Administration)

Abstract

This work proposes to remove the current impact of the financial crisis in Romania, the current public debt, and a perspective of its next years. Also the structure of the public debt is analyzed on types of instruments, i.e state loans, bonds, the bonds, eurobonds. Their is even risks detailed on what rhythm they entail with growing public debt in Romania, not only in terms of debt level itself, as the pace in the place, taking into account the fact that more than a third of the loans of authorities are contracted in the short term, and the reimbursement will be carried out in the period 2012-2015.

Suggested Citation

  • Ispas Roxana & Simion Dalia & Patrutescu Monica, 2011. "The Impact of the Economic Crisis on the Public Debt of Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1056-1060, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1056-1060
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    More about this item

    Keywords

    debt and loans; domestic Gross Product (GDP); domestic financial obligations; external financial obligations;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G - Financial Economics
    • G - Financial Economics
    • H - Public Economics

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