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The Current Account Of Romania Evolution, Factors Of Influence, Financing

Author

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  • MILEA, Camelia

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

The balance of the current account is a tool used to establish the level of economic development of a country, its international specialization and its degree of dependence on foreign markets. Based on the analysis of a few indicators considered relevant by the author, the article9 aims to present the evolution of Romania's current account balance and of its components during the period 2005-2013, showing the determinants, and highlighting the extent to which the crisis has been one of the factors influencing Romania's current deficit will be analysed, highlighting the advantages and disadvantages of this type of financing.

Suggested Citation

  • MILEA, Camelia, 2014. "The Current Account Of Romania Evolution, Factors Of Influence, Financing," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 18(1), pages 41-57.
  • Handle: RePEc:vls:finstu:v:18:y:2014:i:1:p:41-57
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    More about this item

    Keywords

    incomes; services; deficit; financing; investment; foreign loans and credits;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • G01 - Financial Economics - - General - - - Financial Crises

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