IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Use Of Computer Applications In The Study Of Romania'S Public Debt

Listed author(s):
  • Vatuiu Teodora


    (Universitatea "Titu Maiorescu", Facultatea de Stiinte Economice)

  • Popeanga Vasile Nicolae


    (Universitatea "Constantin Brâncusi", Facultatea de Stiinþe Economice ºi Gestiunea Afacerilor)

  • Popeanga Vasile


    (Universitatea "Constantin Brâncusi", Facultatea de Stiinþe Economice ºi Gestiunea Afacerilor)

  • Tarcã Naiana


    (Universitatea din Oradea, Facultatea de Stiinte Economice)

Total public debt represents all monetary obligations of the state (government, public institutions, financial, administrative-territorial units) at a time, resulting from internal and external loans (in lei and foreign currencies) contracted on short, medium and long term, and the state treasury and its own obligations for the amounts advanced temporarily to cover the budget deficit. Loans may be contracted by the state through the Ministry of Finance, in his own name or guaranteed by it. Public debt is expressed in local currency or foreign currency, depending on where the contracts and loan conditions. In order to evaluate Romania\'s public debt, obligations denominated in another currency than the national currency is calculated using the exchange rate of National Bank of Romania. Also, total public debt of a country can be expressed in absolute values (to know the load on that country\'s economy which is subject to its creditors), the relative values as a percentage of GDP (to allow comparison over time and between countries) and the average size per capita (to allow comparisons and analysis in time and space). Total public debt is calculated and separately manages its two forms, namely domestic public debt and external public debt. Ministry of Finance shall prepare and submit annually to the Government for approval and to Parliament for information, report on public debt, which contains information on government debt portfolio, debt service, public indebtedness indicators and information about primary and secondary market securities state and how to implement the medium-term strategy in managing government debt for the previous year. In order to make comparisons quick and effective on public debt dynamics in Romania, Excel 2010 has new features such as charts and sparkline slicers' features which can help discover trends and statistics in accordance with existing data. The aim of this article is accurate assessment of Romania\'s public debt and its evolution in the economic crisis in recent years, using computer applications. As a novelty, it is proposed to use charts sparkline (Small diagrams that fit in a cell) to visually summarize data trends in a small space, but in a visual form meaningful and understandable.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

Volume (Year): 1 (2011)
Issue (Month): 1 (July)
Pages: 821-826

in new window

Handle: RePEc:ora:journl:v:1:y:2011:i:1:p:821-826
Contact details of provider: Postal:
Universitatii str. 1, Office F209, 410087 Oradea, Bihor

Phone: +40259408799
Fax: 004 0259 408409
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2011:i:1:p:821-826. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Catalin ZMOLE)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.