Irina Isaic-Maniu () (Department of Statistics and Econometrics, Academy of Economic Studies of Bucharest)
Abstract
In Romania, as in many other Central and East European countries, two significant processes took place: the transfer of the ownership from the state to private law persons and the founding of new, independent enterprises, as a result of the private initiative. The first consequence of the two processes was the increase of the private sector’ share in the national production, contribution of about 70% of the total GDP in the present. A second major consequence influenced the labor force market. While privatization led, as a rule, to the reduction in the number of jobs and amplified unemployment, the new private sector, the sector of SMEs, generated the majority of the new jobs. Next to the merit of the contribution to the creation of a stronger private sector, many of the new enterprises are characterized by a special flexibility and a power to adapt to the new, to the demands and trends of the market.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Find related papers by JEL classification: R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography) L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms R30 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - General
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: