<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The current account deficit is becoming a concerning matter with regards to the Romanian`s economy growth`s perspectives, also holding the attention of international financial institutions and rating agencies. Deficits and surpluses with regards to the current account are, to some extent, normal features of each economy and, by definition, do not constitute macroeconomic imbalances that need to be corrected immediately. Even so, by the international`s standards Romania`s current account deficit is a significant one. This paper aims to analyze the reason behind the increased current account deficit and also issue a series of recommendations in order for the economy to function as close to it`s potential as possible.</p>
</abstract>

The current account deficit is becoming a concerning matter with regards to the Romanian`s economy growth`s perspectives, also holding the attention of international financial institutions and rating agencies. Deficits and surpluses with regards to the current account are, to some extent, normal features of each economy and, by definition, do not constitute macroeconomic imbalances that need to be corrected immediately. Even so, by the international`s standards Romania`s current account deficit is a significant one. This paper aims to analyze the reason behind the increased current account deficit and also issue a series of recommendations in order for the economy to function as close to it`s potential as possible.

Current account deficits and implications on Romanian economy

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Current account deficits and implications on Romanian economy"}

The current account deficit is becoming a concerning matter with regards to the Romanian`s economy growth`s perspectives, also holding the attention of...

Current account deficits and implications on Romanian economy

Data publikacji: 27 lip 2020

Zakres stron: 995 - 1004

DOI: https://doi.org/10.2478/picbe-2020-0094

Słowa kluczowe
current account, economic growth, exports, imports, deficits

© 2020 Sorin Cristian Niţă et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Current account deficits and implications on Romanian economy

Data publikacji: 27 lip 2020

Zakres stron: 995 - 1004

DOI: https://doi.org/10.2478/picbe-2020-0094

Słowa kluczowecurrent account, economic growth, exports, imports, deficits

© 2020 Sorin Cristian Niţă et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
current account, economic growth, exports, imports, deficits