Romanian External Debt Evolution -Pre and Post Accession to Eu

The present paper is studying the evolution of Romania’s foreign debt before and post accession in the European Union, namely the period 2000 – 2013, in the large context of the specific macroeconomic policy objectives of the times. According to our research results, the economic effect of external debt may be considered positive and for long-term, as a greater proportion of funds were used to finance investment projects, especially by private sector, and only a small part of this debt was oriented to cover public budget deficits.

  Romanian External Debt Evolution -Pre and Post Accession to Eu (587.0 KiB, 576 hits)