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The European Scoreboard And The Macroeconomic Situation Of Romania

Author

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  • DRAGOI, Catalin

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

Abstract

Following the financial crisis of 2008 and the government debt crisis at the level of the European Union, it was decided to introduce the procedure of macroeconomic imbalances, formalized in the form of the scoreboard, which aims to identify and correct imbalances that appear in the European Union countries that have the potential to extends to other EU countries, or even the entire European Union. The paper aims to analyze how the macroeconomic indicators monitored by the scoreboard have evolved for Romania in comparison with other countries of the European Union, before and after the outbreak of the crisis generated by the COVID 19 pandemic.

Suggested Citation

  • DRAGOI, Catalin, 2022. "The European Scoreboard And The Macroeconomic Situation Of Romania," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 139-159, October.
  • Handle: RePEc:vls:rojfme:v:10:y:2022:i:1:p:139-159
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    More about this item

    Keywords

    macroeconomic imbalances; scoreboard;

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions

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