Romania : Selected Issues

Journal Issue

Volume/Issue:: 2015/80
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. European Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: March 2015
DOI:: http://dx.doi.org/10.5089/9781475553116.002
ISBN:: 9781475553116
ISSN:: 1934-7685
Page:: 99

This Selected Issues paper discusses benefits of boosting quality public infrastructure spending in Romania. Since the financial crisis, fiscal and current account deficits have been tackled, but the infrastructure deficit has widened. Quality public investment in infrastructure can boost domestic demand and potential GDP growth, particularly in low growth environments. The IMF staff simulations employing the European Union's production function methodology show significant growth benefits from higher quality infrastructure spending. As a result of higher investment, real GDP would increase by about 1 percent initially with the impact peaking in 2025.

Romania - Selected Issues

Article

Romania: Selected Issues

Author(s):: International Monetary Fund. European Dept.
Published Date:: March 2015

Explore other countries and regions »

Show Summary Details

You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

Romania : Selected Issues

Romania: Selected Issues

Other Resources Citing This Publication