Acta Universitatis Danubius. Œconomica, Vol 9, No 6 (2013)

Debt Burden in Romanian Economy

Gina Ioan


The paper treats the debt burden in Romanian economy. The rigidity of thestructure of public spending, has not allowed rapid adjustment to respond tomassive reduction of production and income, reflected in excessive budgetdeficits and public debt doubled in a few years. The paper concludes thatpublic debt which is poorly structured, is an important factor in macroeconomicinstability and also in propagating economic crises.


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