The perspective of spatio-temporal variability of Romanian economy in European space
AbstractInterrelation of economic and financial phenomena and processes, characterized by varying degrees of intensity of events in time and space, generates, sometimes, difficulties for public authorities of all times, both economic and noneconomic nature. Disparities between countries and economic disparities and also the impact of adverse shocks on the economy represent in recent years an intense topic of debate for researchers and professionals, making up the analysis of their economic theories that shape it in time and space dynamics of various economic indicators. Since every economic size is characterized as spatial and temporal dimensions and relations of dependency with other economic indicators, the statistical approach to spatial and temporal variability of the Romanian economy, sought to highlight this trend compared with the EU, as level of development, we proposed using an index composed Romania - European Union. Outcomes show that the Romanian economy is not prepared to face competitive pressure from European Union forces, is still facing eternal problem of solving cyclical temporary shocks.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Finance - Challenges of the Future.
Volume (Year): 1 (2010)
Issue (Month): 11 (May)
economic and financial phenomena; economic disparities; cyclical temporary shocks;
Find related papers by JEL classification:
- E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
- F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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