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How real are Macroeconomic Parameters of Romania during 1989-2009

Author

Listed:
  • Angelica BACESCU - CARBUNARU

    (Bucharest Academy of Economic Studies, Romania)

Abstract

The main idea of this article is that GDP of Romania related to the last 12 years is extremely high and creates the illusion that in a short period of time it could become a developed country from economic viewpoint. Based of the analysis of macroeconomic indicators from official statistical publications, the necessary arguments are brought to demonstrate how real macroeconomic parameters of Romania are during 1989-2009.

Suggested Citation

  • Angelica BACESCU - CARBUNARU, 2010. "How real are Macroeconomic Parameters of Romania during 1989-2009," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 102-109, March.
    • Handle: RePEc:rom:rmcimn:v:11:y:2010:i:1:p:102-109
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    File URL: https://www.rmci.ase.ro/no11vol1/Vol11_No1_Article9.pdf
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    More about this item

    Keywords

    gross domestic product; commercial deficit; macroeconomic parameters; average exchange rate; self consumption production; des-industrialization.;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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