Adjustment of macroeconomic imbalances

The global financial and economic crisis was the factor that triggered the adjustment of macroeconomic imbalances accumulated in Romania. The current account deficit and budget deficit were two major structural imbalances that have created a high vulnerability for the economy and explained the exten...

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Bibliographic Details
Main Authors: Georgeta Barbulescu, Liliana Craciun, Anca Gabriela Molanescu, Cristina Burghelea
Format: Article
Language:English
Published: Faculty of Economic Sciences, Hyperion University, Bucharest, Romania 2013-03-01
Series:Hyperion Economic Journal
Subjects:
Online Access:http://www.hej.hyperion.ro/articles/1(1)_2013/HEJ%20nr1(1)_2013_Barbulescu.pdf