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Romania’s Governmental Public Debt in the Context of the Present Day Financial Crisis: its Dynamics During the Last Ten Years

Author

Listed:
  • Mariana MAN

    (University of Petrosani)

  • Maria MACRIS

    (University of Petrosani)

Abstract

The main objective of this work is to identify the determining role of the evolution of government debt on the Romanian economy in current conditions of global financial crisis. With a view to make clear the analyzed phenomenon, we have employed an important amount of statistic data in order to carry out the research dealing with the dynamics of Romania’s governmental public debt during the period 2001-2010 which emphasized the main tendencies displayed by its evolution and which influence the measures meant to improve the management of public debt.

Suggested Citation

  • Mariana MAN & Maria MACRIS, 2012. "Romania’s Governmental Public Debt in the Context of the Present Day Financial Crisis: its Dynamics During the Last Ten Years," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 214-224, November.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:214-224
    as

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    File URL: http://www.revistadestatistica.ro/suplimente/2012/4/srrs4_2012a33.pdf
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    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2010. "Growth in a Time of Debt," American Economic Review, American Economic Association, vol. 100(2), pages 573-578, May.
    2. Alina Georgiana Holt, 2009. "Risks Associated to Public Governmental Debt and Their Management," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(2), pages 13-20.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    governmental public debt; financial crisis; gross domestic product; public debt management; stocks;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • H19 - Public Economics - - Structure and Scope of Government - - - Other
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

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