Showing 1 - 8 of 8
The international organizations acting at world-wide scale seems unable to manage the multitude of rising problems due to the accelerated globalization and of the fast geopolitics’ shift. The world is facing growing imbalances in international trade and financial flows, deepening of social...
Persistent link: https://www.econbiz.de/10008685563
The paper focuses on the current system of country risk assessment by the main rating agencies, pointing out some of its weaknesses. Under these circumstances, was found that Romania is overrated by the international agencies, mainly due to political reasons, related to the close accession of...
Persistent link: https://www.econbiz.de/10008694139
The study is emphasizing the weak performances of the Romanian economy, unable to turn positive the current account deficits. On the contrary, because of rising problems in deficits financing through autonomous flows, the debt accumulation could lead Romania on the brink of entering a financial...
Persistent link: https://www.econbiz.de/10008534208
The paper updates a warning launched by the author a year earlier regarding the effects of Inward/Outward Processing Trade flows, already entered a marginal decrease path. The high volatility of these flows, totally escaping the perception of decision makers, is threatening Romania’s...
Persistent link: https://www.econbiz.de/10008685042
The research focuses on several challenges on short, medium and long term bank lending in Romania, taking into consideration a series of economic and social criteria as well as different types of loans. At the same time, special attention is paid to the post-accession into the EU impact and to...
Persistent link: https://www.econbiz.de/10011112906
The rapid increase in the government debt under the circumstances of the global crisis persistence and financial markets volatility raises the need for a new approach of public debt sustainability, including for Romania. Despite more intense contagion effects according to global markets...
Persistent link: https://www.econbiz.de/10011114081
Following the financial crisis effects, the issue of debt sustainability became of global importance, even for international security reasons. In the EU, despite post-crisis fiscal austerity measures aimed at rebalancing the public finances, the debt-to-GDP ratio continued to deteriorate. At...
Persistent link: https://www.econbiz.de/10011201268
In the case of Romania, a sharp deterioration of the fiscal framework strength has been observed during post-crisis period, the public debt-to-GDP ratio currently reaching around 40%, thus doubling as compared to 2008. The structural analysis of government debt portfolio highlighted the main...
Persistent link: https://www.econbiz.de/10011257864