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An Analysis Of Some Macroeconomic Indicators Of Romania In The Current Period - Completing The Image

Author

Listed:
  • Alina Georgeta AILINCA

    ("Victor Slavescu" Financial and Monetary Research Centre, INCE, Romanian Academy, Romania)

Abstract

Considering the external, geopolitical and economic developments, but also a series of internal challenges in terms of budget deficits and public debt, an analysis of Romania's macroeconomic indicators for the period 2012-2022/2023 can reveal, together with the recent documents of the European Commission regarding developments in Romania, a broader and more accurate picture of the problems and the path to follow in the future for our country. Thus, in addition to the classic macroeconomic indicators, the article tries to highlight Romania's situation in terms of achieving sustainable development goals and how the two approaches (sustainability and stability) can be integrated together. Thus, the challenges are increased because, on the one hand, keeping the budget deficit and public debt under control involves measures to systematize the internal expenditure objectives, and on the other hand, the challenges come strongly from the social sphere and climate changes, which require prompt measures and especially in a first phase the correct formulation of the problems and the priorities regarding them.

Suggested Citation

  • Alina Georgeta AILINCA, 2024. "An Analysis Of Some Macroeconomic Indicators Of Romania In The Current Period - Completing The Image," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 9(2), pages 116-125.
    • Handle: RePEc:brc:brccej:v:9:y:2024:i:2:p:116-125
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    References listed on IDEAS

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    1. Mr. David Coady & Ian W.H. Parry & Louis Sears & Baoping Shang, 2015. "How Large Are Global Energy Subsidies?," IMF Working Papers 2015/105, International Monetary Fund.
    2. Chakraborty, Lekha, 2014. "Gender responsive budgeting, as fiscal innovation: Evidence from India on "Processes"," Working Papers 14/128, National Institute of Public Finance and Policy.
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    More about this item

    Keywords

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    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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