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Considerations Under Public Debt With The Current Economic Crisis


  • IONESCU, Ionel Eduard

    (Faculty of Finance and Banks, Bucharest Spiru Haret University)

  • OPREA, Cristian

    (Faculty of Finance and Banks, Bucharest Spiru Haret University)


In current economic conditions, in full financial crisis, many world state governments looked for external funding to cover budgetary deficits, fact that led to explosive external debt of these states. The state must accomplish its objectives. For overtaking each economic, industrial, cultural, political, technical sector needs, needs financial resources; but not always the state internal financial resources cover entirely financial needs.

Suggested Citation

  • IONESCU, Ionel Eduard & OPREA, Cristian, 2010. "Considerations Under Public Debt With The Current Economic Crisis," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(1), pages 131-137.
  • Handle: RePEc:ris:sphecs:0037

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    public debt; external public debt; consolidated debt;

    JEL classification:

    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects


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