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Effects Of Economic Crisis On The Romanian Economy

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Author Info

  • Valeriu Potecea

    (Associate Professor of International Business at the Romanian-American University)

  • Georgiana Cebuc

    (Assistant Professor of International Business at the Romanian-American University)

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    Abstract

    Romania, which for 50 years was part of the "communist experiment", returned in 1989 to rules of market economy, hoping that within a reasonable period will reap the benefits of capitalist values. Global seizures that began to affect the whole world economic system in 2008, from the U.S., seem to invalidate not only all political and economic accumulation obtained by our country in almost 20 years but efforts to affect and ideal economic theories which fully adhered

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SU10/REBE-SU10-A9.pdf
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    Bibliographic Info

    Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

    Volume (Year): 5 (2010)
    Issue (Month): 2 (June)
    Pages: 128-135

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    Handle: RePEc:rau:journl:v:5:y:2010:i:2:p:128-135

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    Keywords: economic crisis; Romanian economy; real estate; unemployment;

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