Deficitul bugetar actual
The current budget deficit
Author(s): Doina Iacob, Adrian Micu, Angela-Eliza MicuSubject(s): Economy
Published by: Editura Eurostampa
Keywords: budget; environment; deficit
Summary/Abstract: As a result of the more rapid growth of the public expenses compared to the public income, in many countries, either developed or undergoing development, the budgets are more frequently drafted and closed with a deficit. The budget deficit is considered as a chronic phenomenon of the contemporary finance. The causes of the budget deficit are multiple and they vary within the domestic economy, as well as in the international environment. The budget deficit is caused by the accelerate growth of the public expenditure, with supporting the growth rate, the public resources or the environment phenomena which influence by means of the exchange rate and the interest rate.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XV/2009
- Issue No: 15
- Page Range: 646-652
- Page Count: 7
- Language: English