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Current Risk of Budget Deficit

Author

Listed:
  • Mariana PAJA

    (Economics Faculty, Ecological University of Bucharest, Romania)

Abstract

To correct the serious imbalances accumulated before the crisis from 2014 to 2010 there were taken a number of tough but necessary reforms that have created today's macroeconomic situation. The macroeconomic situation of the country is likely to weaken again because of legislative initiatives with electoral purposes since the middle of 2015. Accelerating them represents a threat to financial stability or a danger to economic performance. One of the risks that could materialize because of it is the risk of budget deficit and public debt.

Suggested Citation

  • Mariana PAJA, 2016. "Current Risk of Budget Deficit," Eco-Economics Review, Ecological University of Bucharest, Economics Faculty and Ecology and Environmental Protection Faculty, vol. 2(2), pages 37-45, December.
    • Handle: RePEc:eub:ecoecr:v:2:y:2016:i:2:p:37-45
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    More about this item

    Keywords

    risk; public debt; GDP; budget deficit;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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