Analysis of Romania’s external debt and the implications for foreign relations during 2000-2013
Keywords:
external state loans, external debt, Romania's foreign debtAbstract
In this paper, we performed an analysis of the time series of the indicator by effect – GD P with the indicator by effort – external debt, great relevance macroeconomic indicators. This study is based on analyses and comparative statistical correlations about external debt, research analysis will be based on secondary data, based on information provided by the Romanian Statistical Yearbook published by the National Institute of Statistics and other publications of public institutions Romania. The originality of this work lies in combining research methods and statistical techniques used for time series that are total research for characterizing macroeconomic variables such as economic growth and external debt.References
Andrei, T., and Bourbonnais, R. (2008), Econometrie, Economic Publishing House, Bucharest, pp. 111-123.
Andrei, T., Stancu, S., Iacob, A.I. et al. (2008), Introducere in econometrie utilizând Eviews, Economic Publishing House, Bucharest, pp. 66- 82.
Belean, P., and Anghelache, G. (2005), Finanţele publice ale României, Economic Publishing House, Bucharest.
Bistriceanu, Gh.D., Adochiţei, M.N., and Negrea, E. (2001), The finances of businesses enterprises, Economic Publishing House, Bucharest.
Bouthevillain, C., Courthimann, P., Dool van den, G., Hernández de cos, P., Langenus, G., Mohr, M., Momigliano, S., and Tujula, M. (2001), Cyclically Adjusted Budget Balances: An Alternative Approach, European Central Bank, Working Paper, No. 77, disponibil la www.ecb.int.
Câmpeanu, E.M. (2008), Analysing the public debt sustainability in EMU, A.S.E. Publishing House, Bucharest.
Dumitriu R. and Ştefănescu R. (2013), External debt management in Romania, disponibil la http://mpra.ub.uni-muenchen.de/52475/1/MPRA_paper_52475.pdf.
Ene, C.M. (2010), Economia subterană. Teorie, modele, aplicaţii, Târgovişte: Transversal Publishing House.
Geamănu, M., (2014), Economia României sub impactul investiţiilor străine directe, Economic Publishing House, Bucharest.
Girouard, N., and André, C. (2005), Measuring Cyclically-adjusted Budget Balances for OECD Countries, Economics Department Working Papers, No. 434, OECD, Paris.
Kumar, M.S., and Jaejoon, W. (2010), Public Debt and Growth, Working Paper, No. 10/174 (Washington, International Monetary Fund).
Leonte, E.D. (2004), Debt management, Foundation Romania of Tomorrow Publishing House, Bucharest.
Moşteanu, T. (2000), Budget and Treasury public, Style Publishing House.
Socol, A.G. (2013), Sustenabilitatea datoriei publice în contextul crizei financiare, Economie teoretică şi aplicată, Volumul XX, No. 3(580), pp. 4-14.
Talpoş, I., and Avram, A. (2011), Consideraţii cu privire la mixul de politici fiscale anticriză în România”, Theoretical and Applied Economics Review, Volumul XVIII, No. 1(554), p. 12.
Vătuiu, V., and Popeangă, V. (2007), Studiu privind gestionarea datoriei publice interne şi externe a României în contextul integrării în Uniunea Europeană, Târgu-Jiu: Economic Studies Publishing House .
Zaman Gh. (2011), Some theoretical and practical lessons to be learnt from Romania economic crisis challenges, Analele Universităţii Spiru Haret, Seria Economie, Vol. 2(11) issue 4, pp. 9-28.
*** Legea nr. 500/2002 privind finanţele publice, publicată în „Monitorul Oficial” nr. 597/ iulie 2002.
*** www.bnr.ro
*** www.insse.ro
*** www.mfinante.ro