O evaluare a sustenabilitatii deficitului de cont curent in Romania

@inproceedings{Dumitru2008OEA,
  title={O evaluare a sustenabilitatii deficitului de cont curent in Romania},
  author={Ionut Dumitru},
  year={2008}
}
This paper assesses the sustainability of the CA deficits in the New Member States (NMS) of European Union by estimating its structural component based on fundamentals. Using a large sample of panel data, we estimated long term relationships for the CA deficit and its fundamentals using two methods from the literature. The main conclusion of the paper is that in some countries there is an excessive CA deficit which should be adjusted. In the case of Romania, the results are showing that the… CONTINUE READING