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The Economic Dimension of A Decision on a Territorial Exchange: Southern Bessarabia for Northern Dobruja

Author

Listed:
  • Razvan Stefanescu

    (Dunarea de Jos University of Galati, Romania)

  • Ramona Dumitriu

    (Dunarea de Jos University of Galati, Romania)

Abstract

A territorial change could have complex economic consequences for both the country that annexed a province and the country that lost it. This paper approaches the economic aspects of the territorial exchange from 1878, when Romania received the Northern Dobruja as a compensation for losing Southern Bessarabia. The economic potential of Northern Dobruja played a major role in the controversial decision of the Romanian Government to accept, de facto, the territorial exchange.

Suggested Citation

  • Razvan Stefanescu & Ramona Dumitriu, 2019. "The Economic Dimension of A Decision on a Territorial Exchange: Southern Bessarabia for Northern Dobruja," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 226-236.
  • Handle: RePEc:ddj:fserec:y:2019:p:226-236
    DOI: 10.35219/rce2067053226
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    References listed on IDEAS

    as
    1. Dumitriu, Ramona & Stefanescu, Răzvan, 2016. "Strategic decisions on industrialization: case of Galati Steel Works," MPRA Paper 89007, University Library of Munich, Germany, revised 2016.
    2. Abramson, Scott F. & Carter, David B., 2016. "The Historical Origins of Territorial Disputes," American Political Science Review, Cambridge University Press, vol. 110(4), pages 675-698, November.
    3. Carter, David B. & Goemans, H. E., 2011. "The Making of the Territorial Order: New Borders and the Emergence of Interstate Conflict," International Organization, Cambridge University Press, vol. 65(2), pages 275-309, April.
    4. Abramson, Scott F, 2017. "The Economic Origins of the Territorial State," International Organization, Cambridge University Press, vol. 71(1), pages 97-130, January.
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