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Budget Deficit - An Overview

Author

Listed:
  • Costinela ForÈ›ea

    (“Dunărea de Jos†University of Galati)

  • Ioana Lăzărescu

    (“Dunărea de Jos†University of Galati)

  • Viorica Ioan

    (“Dunărea de Jos†University of Galati)

Abstract

Currently, knowledge and concern for reducing the budget deficit are still of great importance, especially as Romania is facing great difficulties in economic developments. This paper aims to provide an overview of the budget deficit in the European Union and in Romania. At the same time, this paper makes a brief assessment of the situation in which our country is in this period.

Suggested Citation

  • Costinela ForÈ›ea & Ioana Lăzărescu & Viorica Ioan, 2020. "Budget Deficit - An Overview," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 930-936, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:930-936
    as

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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%205/12.pdf
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    References listed on IDEAS

    as
    1. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2018. "Deficit, monetization, and economic growth: a case for multiplicity and indeterminacy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(4), pages 819-853, June.
    2. Stiglitz, Joseph & Ocampo, Jose Antonio & Spiegel, Shari & Ffrench-Davis, Ricardo & Nayyar, Deepak, 2006. "Stability with Growth: Macroeconomics, Liberalization and Development," OUP Catalogue, Oxford University Press, number 9780199288144.
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    More about this item

    Keywords

    public budget; budget deficit; incomes; economic activity;
    All these keywords.

    JEL classification:

    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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