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The Determining Factors Of The Budget Deficit

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  • CEAUSESCU AURELIAN IONUT

    (CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU, ROMANIA)

Abstract

The purpose of the current paper is to identify the factors determining the budget deficit and their influence on Romania's economic performance. The reason for choosing this theme was the fact that the issue of the budget deficit is a current topic, both within the scientific community and among public decision-makers. Debates regarding the optimal size of the government sector, its influence on economic growth, the effects of public debt and the budget deficit on social welfare, the sustainability of fiscal and budgetary policies are still open.

Suggested Citation

  • Ceausescu Aurelian Ionut, 2023. "The Determining Factors Of The Budget Deficit," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 234-239, December.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:6ii:p:234-239
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    References listed on IDEAS

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    3. Tujula, Mika & Wolswijk, Guido, 2004. "What determines fiscal balances? An empirical investigation in determinants of changes in OECD budget balances," Working Paper Series 422, European Central Bank.
    4. Eisner, Robert, 1989. "Budget Deficits: Rhetoric and Reality," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 73-93, Spring.
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