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Management and Financial Crisis Effects in the Period 2005 - 2009 in Romania

Author

Listed:
  • Anastase (Bãdulescu ) Ileana

    (Tomis University of Constanta)

  • Andru?ca Carmen Maria

    (Tomis University of Constanta)

Abstract

This paper aims to look objectively financial crisis, analyzing the situation in Romania, the Romanian economy being influenced unfortunately by government decisions that they take, leaving the market to recover through its mechanisms that can restore financial stability and finally a exit from a long and hard recession. [1,2] Therefore, the importance of the topic of this work involves analyzing the influences of the financial crisis on the economy and its impact on Romania. So it is important to know how this crisis did come and which its implications on the Romanian economy are. Based on the spacing and time of the beginning of the recession we, will try to see how this crisis expanded its harmful effects on the economy of Romania, while, through what channels, and how hard this had affected it, given that Romania is still in a transition period which postpones all its completion due to poor coordination of the process of economic growth. [3]

Suggested Citation

  • Anastase (Bãdulescu ) Ileana & Andru?ca Carmen Maria, 2014. "Management and Financial Crisis Effects in the Period 2005 - 2009 in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 271-275, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:271-275
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    economy; financial; crisis impact; recession;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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