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Analysis of the Main Indicators on Romania's Public Debt in the Period 2015-2020

Author

Listed:
  • Ioana LAZARESCU

    (Dunarea de Jos University of Galati, Romania)

  • Viorica IOAN

    (Dunarea de Jos University of Galati, Romania)

  • Andreea DABIJA

    (Dunarea de Jos University of Galati, Romania)

Abstract

This article aims to highlight how important it is to analyze and effectively manage a state's public debt in order to maintain a stable macroeconomic situation. In this sense, we made an analysis of the main indicators of public debt. During the period 2015-2020, the level of indebtedness in relation to economic activity decreased, with the exception of 2020, which, under the impact of the Covid-19 pandemic, shows an increase in public debt. A thorough research of the public debt is needed in the the current context of the Covid-19 pandemic. Among the analyzed indicators we can mentione: public debt per capita in lei and in euro, public debt related to GDP and exports of goods and services, government public debt service.

Suggested Citation

  • Ioana LAZARESCU & Viorica IOAN & Andreea DABIJA, 2021. "Analysis of the Main Indicators on Romania's Public Debt in the Period 2015-2020," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 120-126.
    • Handle: RePEc:ddj:fseeai:y:2021:i:3:p:120-126
    DOI: 10.35219/eai15840409231
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    References listed on IDEAS

    as
    1. Creel, Jérôme & Hubert, Paul & Saraceno, Francesco, 2012. "The European Fiscal Compact: A Counterfactual Assessment," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 27, pages 537-563.
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