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Correlation Between The Public Sector’S Performance And The Sovereign Debt, In The Context Of The Current Economic Crisis

Author

Listed:
  • Alin Opreana

    (Assistant Professor of Micro and Macroeconomics at the University Lucian Blaga)

  • Diana Marieta Mihaiu

    (Assistant Professor of Finance at the University Lucian Blaga)

Abstract

The current economical situation determined by the effects of the crisis is causing the governments of the countries worldwide to streamline their processes in terms of collecting revenue from the state budget and then redistributing them on the principle of performance and economical efficiency. In this respect, we have studied the public sector performance through a scoring function, and especially the correlation that exists between the EU Member States public sector performance and budgetary outcome, the budgetary surplus or deficit.

Suggested Citation

  • Alin Opreana & Diana Marieta Mihaiu, 2010. "Correlation Between The Public Sector’S Performance And The Sovereign Debt, In The Context Of The Current Economic Crisis," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 271-283, September.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:271-283
    as

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    References listed on IDEAS

    as
    1. Antonio Afonso & Ludger Schuknecht & Vito Tanzi, 2010. "Public sector efficiency: evidence for new EU member states and emerging markets," Applied Economics, Taylor & Francis Journals, vol. 42(17), pages 2147-2164.
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