IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2015i2p13-19.html
   My bibliography  Save this article

Analysis Of Romanian Economic Stability In Terms Of Evolution Of The Budgetary Deficit And Other Macroeconomic Indicators, In The Period 2013-2017 (Forecast)

Author

Listed:
  • Abrudan Leonard Calin

    (Department of International Business, Faculty of Economic Sciences, University of Oradea, Romania, Department of International Business, Faculty of Economic Sciences, University of Oradea, Romania)

Abstract

This paper intends to perform an analysis of the evolution of main macroeconomic indicators registered by the Romanian economy in the period 2013-2017 (2015, 2016 and 2017 are prospective data supplied by the Romanian Government and the National Commission for Prognosis) with a final comparison between the year 2012 and 2017. In this regard, the work is considered as an extension of earlier research conducted by the author for 2005-2012, trying to capture whether there are changes, whether beneficial or not, that have occurred in the considered time frame. In this context there were processed some statistics data from the National Institute of Statistics and Economic Studies, the National Prognosis Commission and Reports of the Ministry of Finance. Related research method is based on sets of tables and graphs that are able to illustrate the evolution of five indicators: GDP growth (GDP), the budget deficit, current account deficit, (these two latter measured as and a percentage of GDP), inflation and unemployment. At first there will be analyzed the five macroeconomic indicators and in the end of the work will be compared the macroeconomic stability determined by these indicators, using a tool called "macro stabilization pentagon", instrument also used in the previous research. Through this pentagon, a radar chart, in fact, our research will try to capture the evolution that can be seen in these indicators in a period of five years, between 2012 and 2017.

Suggested Citation

  • Abrudan Leonard Calin, 2015. "Analysis Of Romanian Economic Stability In Terms Of Evolution Of The Budgetary Deficit And Other Macroeconomic Indicators, In The Period 2013-2017 (Forecast)," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 13-19, December.
    • Handle: RePEc:ora:journl:v:1:y:2015:i:2:p:13-19
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2015/n2/001.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economic stability; budgetary deficit; macroeconomic indicators; economic forecast; Romania;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2015:i:2:p:13-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.