IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxy2020i1p31-37.html
   My bibliography  Save this article

The Perpetuation of the Romanian Trade Balance Deficit

Author

Listed:
  • Ion Botescu

    („Ovidius†University of Constanta)

Abstract

The balance of trade is an indicator that reflects to a representative extent the economic development of a country over a certain period of time. The trade balance deficits in certain product categories for which there is production potential, the perpetuation of the trade balance deficit over the last 30 years and the unfavourable internal and external situation are all concerns for the Romanian government and its citizens. The situation is all the more difficult if we consider that of the eleven former socialist countries that joined the EU, Romania is the only one that has consistently recorded deficits in the annual trade balance of goods and services in the period following the fall of communism. Within this initiative, the goal has been highlighting the negative state characterizing Romania's external trade through its trade balance deficit and the necessity of undertaking adequate measures in this area.

Suggested Citation

  • Ion Botescu, 2020. "The Perpetuation of the Romanian Trade Balance Deficit," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 31-37, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:31-37
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%201/4.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    trade balance; excedent; deficit; import/export structure; globalization;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F10 - International Economics - - Trade - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:31-37. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.