Considerations under public debt with the current economic crisis

Ionel Eduard IONESCU, Cristian OPREA


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.

 Therefore, each state needs to apply for external or internal loans.




public debt, external public debt, consolidated debt

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