THEORETICAL APPROACHES AND THE ANALYSIS OF THE 'BUDGET DEFICIT – PUBLIC DEBT' RELATIONSHIP IN THE CASE OF THE REPUBLIC OF MOLDOVA

Autor: Ana LITOCENCO
Jazyk: English<br />Romanian; Moldavian; Moldovan
Rok vydání: 2022
Předmět:
Zdroj: Economica, Vol 4, Iss (122), Pp 62-75 (2022)
Druh dokumentu: article
ISSN: 1810-9136
DOI: 10.53486/econ.2022.122.062
Popis: The continuous trend of increasing the needs for financing the economic sectors puts more and more pressure on the budget revenues that are generated at the government level from taxes and fees, the problem of the budget deficit in most states of the world becoming acute as a result of the events that took place on global level in the last few years (COVID-19 pandemic, energy crisis, etc.). Given that the most frequently used source of accessing the necessary financial resources and covering the budget deficit is financing through the public debt, the purpose of the given article is to research the approaches related to the relationship between these two economic phenomena (budget deficit and public debt) and their consequences on the economy of a state. Also, the article presents the level of coverage of the budget deficit of the Republic of Moldova through the public debt.
Databáze: Directory of Open Access Journals