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Effects Of Economic Crisis On The Romanian Economy

Author

Listed:
  • Valeriu Potecea

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

  • Georgiana Cebuc

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

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

Suggested Citation

  • Valeriu Potecea & Georgiana Cebuc, 2010. "Effects Of Economic Crisis On The Romanian Economy," Romanian Economic Business Review, Romanian-American University, vol. 5(2), pages 128-135, June.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:2:p:128-135
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SU10/REBE-SU10-A9.pdf
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    Cited by:

    1. Irina ION, 2014. "Households’ Adjustment to the Economic Crisis and the Impact on the Retail Sector in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 174-189, May.

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