The government decisions to call, in recent years, more and more reimbursable financing gave birth to fierce reactions among politicians and economy specialists. The present article aims to analyze how the external borrowing may be a solution to overcome the difficult situation where we are.

Public debts have surged in recent years, in advanced economies, to the levels that have not been recorded since the end of the World War II. The average public debt/GDP ratio for all advances economies has surpassed the pre-World War II peaks reached during the World War I and subsequently...

The government decisions to call, in recent years, more and more reimbursable financing gave birth to fierce reactions among politicians and economy specialists. The present article aims to analyze how the external borrowing may be a solution to overcome the difficult situation where we are.

The global financial crisis has put considerable pressure on public finances, particularly on government debt. Public debt in many countries of the world have increased in recent years to levels that were not registered by the end of the Second World War, facing today with a high risk regarding...

Debt issue is a highly debated topic today since many of the world economies, especially the Eurozone, hit by global financial and economic crisis, faces with high levels of deficits and debt. Credit rating agencies, due to the problems related deficits and public debt have downgraded the credit...

Growth and, late, failure of central planning is one of the most important events of the twentieth century. In late of '80, the limits of central planning became clear and after the fall of the Berlin Wall, former communist countries were engaged in a historical process of transition to market...

In order to overcome the economic crisis, Romania concluded in 2009 a stand-by agreement on 24 months with International Monetary Fund (IMF) in amount of 12.95 billion euros as part of an international financial package that includes other 5 billion by the facility of European Union for balance...

Governance as a concept has progressed from obscurity to widespread usage, particularly in the last two decades, due to the critical role it plays in determining welfare for nations, regions, communities. The paper aims to offer an overview on good governance and it’s principles, the way it...