Deficite bugetare și datoria publică

Bogdan Andrei MOLDOVAN, Alexandru PAVEL, Mihaly HOGYE

Abstract


In the recent years, in the context of the global economic crisis, governments are confronted with high levels of fiscal deficits and accumulating public debt. Therefore, it is justifiable to question the negative effects and the path towards future economic growth. This paper makes a short evaluation of the main macroeconomic indicators of the Romanian economy and attempts to identify the main theoretical approaches in the literature regarding the effects of deficits and debt.


Cuvinte cheie


deficits; public debt; crowding out effect; outlays; income; budget; budgetary system.

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