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A European Perspective Over Romania’S Economic Integration In The Eu

Author

Listed:
  • MELINDA PLESCAN

    (Faculty of Business, Babes-Boyai University, Cluj-Napoca, Romania)

Abstract

The present economic climate is openly acknowledged as worsening in all EU countries of the region, cooling further in Central and Eastern Europe. Expectations for world trade in the close future indicate that on a worldwide scale export and import volume will strongly decline during the following year. The individual countries’ performances, both current and projected, are not uniform. Countries such as Bulgaria and Romania, registered a huge negative trade balance due to excessive consumer credits used for buying imported goods. Consumption grew instead of the investments.

Suggested Citation

  • Melinda Plescan, 2009. "A European Perspective Over Romania’S Economic Integration In The Eu," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2009_3_12_plescan
    as

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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_3_12_Plescan.pdf
    File Function: Revised version, 2009
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    More about this item

    Keywords

    global economy; Romania; economic integration;
    All these keywords.

    JEL classification:

    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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