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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economic Sciences, Hyperion University, Bucharest, Romania
2013-03-01
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Series: | Hyperion Economic Journal |
Subjects: | |
Online Access: | http://www.hej.hyperion.ro/articles/1(1)_2013/HEJ%20nr1(1)_2013_Barbulescu.pdf |