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Economic and Social Aspects in Romania Before and After 1989

Author

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  • Sorin Adrian Ciupitu

Abstract

After 25 years since the fall of the communist regime, 61% of Romanians prefer life in communism to life in capitalism. If we are to analyse their reasons we come to the conclusion that they are quite reasonable. First, all the Romanians had a job and unemployment was a dictionary term. Communist regime, as it was, supported the building of factories, iron and steel plants and heavy industry enterprises where people had a chance to work. Today the state does not encourage this and neither does it create jobs not even in the private environment.

Suggested Citation

  • Sorin Adrian Ciupitu, 2014. "Economic and Social Aspects in Romania Before and After 1989," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 109-112, March.
    • Handle: RePEc:khe:journl:v:6:y:2014:i:1:p:109-112
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    More about this item

    Keywords

    GDP; structure; weight; economic growth; real value;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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