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The Evolution Of Romania’S External Debt

Author

Listed:
  • DRAGOI, Catalin

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

If at the moment of zero transition from dictatorship to democracy the level of external debt was zero immediately after 1990, a real carousel of indebtedness begins. The paper aims to study the trajectory and structure of Romania external indebtedness in the last decade, together with the factors from the internal and external environment that influenced this evolution and possible future evolutions of it, by analyzing statistical data.

Suggested Citation

  • DRAGOI, Catalin, 2020. "The Evolution Of Romania’S External Debt," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 89-104, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:89-104
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    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "A Decade of Debt," Central Banking, Analysis, and Economic Policies Book Series, in: Miguel Fuentes D. & Claudio E. Raddatz & Carmen M. Reinhart (ed.),Capital Mobility and Monetary Policy, edition 1, volume 18, chapter 4, pages 97-135, Central Bank of Chile.
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    More about this item

    Keywords

    public debt; external debt trends;

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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