文章基本信息

标题：PUBLIC DEBT CRISIS AND THE "BLACK HOLES" FROM THE NATIONAL BUDGET OF ROMANIA - A LINEAR ANALYSIS.
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作者：TRANDAFIR ADINA
期刊名称：European Journal of Business and Social Sciences
印刷版ISSN：2235-767X
出版年度：2012
卷号：1
期号：3
页码：22-34
出版社：European Society of Business and Social Sciences
摘要：On the background of the global financial downturn the problem of public debt has accentuated in many states, the worst situation at EU level being recorded in Greece. The situation in Greece seriously affects all EU states, especially those in the euro area. Given these issues and the measures imposed by the international forums and the European ones, Romania must adopt measures to limit public spending those considered true “black holes” that drain public money. This article analyzes, using a linear regression model, which of the categories of public spending leads to deepening public debt of Romania. The cost of external borrowing is too high, therefore should allocate more money to sectors that increase investment and to economic recovery of our country. Unfortunately, this phenomenon, found in the literature and as the competition between states through public expenditure has direct repercussions in the social area (reducing public sector wages, is just one example of anti-social measures adopted by the authorities of our country). It is therefore necessary to determine which black holes Romanian budget system to limit the growth of borrowing and boost the national economy.
关键词：public debt; sovereign debt; public spending; the global;financial crisis.