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Aspects on Practice of Concession in the Romanian Economy in Inter-War Period

Author

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  • Popa Florina

    (Romanian Academy)

Abstract

The restructuring and modernization of the Romanian economy and society in the interwarperiod imposed to governors, significant efforts, in order to accumulate the capital necessary toachieve the economic objectives. The insufficiency of the means necessary to accomplish the big projects meant, besides themobilization of the national resources, the attraction of the foreign capital, too, one of the forms ofits presence in the country's economy, being the concession. The paper refers to the feature of the concept of concession and the forms of its application, aswell as to the existing regulations in the epoch. Also, there are, shown examples of partnershipmanifestation in the form of concession, in some areas of the Romanian interwar economy. The conclusions emphasize the role of this form of cooperation between the Romanian capitaland the foreign ones, developed during the interwar period, by the contribution brought to theevolution of the Romanian economy.

Suggested Citation

  • Popa Florina, 2018. "Aspects on Practice of Concession in the Romanian Economy in Inter-War Period," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 233-238, July.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:233-238
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    More about this item

    Keywords

    concession; interwar; foreign capital; partnership; public infrastructure;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • H44 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Goods: Mixed Markets
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • N00 - Economic History - - General - - - General

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