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Comerţul exterior scufundă barca economiei româneşti
[Foreign Trade is Sinking the Romanian Economy Boat]

Author

Listed:
  • Georgescu, George

Abstract

Under the circumstances of rising and persistent deficits in the Romanian foreign trade, the contribution of net exports to the GDP growth remains negative, in 2005 halving practically the domestic demand increase. One factor behind this trend is the IPT (Inward Processing Trade) which doesn’t seem perceived by the Romanian government and monetary authorities. Sustaining the final exports by adequate financial incentives has become of vital importance for the amelioration of the trade balance and for the improvement of the international position of Romania.

Suggested Citation

  • Georgescu, George, 2006. "Comerţul exterior scufundă barca economiei româneşti [Foreign Trade is Sinking the Romanian Economy Boat]," MPRA Paper 24012, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:24012
    as

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    File URL: https://mpra.ub.uni-muenchen.de/24012/1/MPRA_paper_24012.pdf
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    References listed on IDEAS

    as
    1. Neil Foster-McGregor & Robert Stehrer, 2005. "Modelling GDP in CEECs Using Smooth Transitions," wiiw Working Papers 36, The Vienna Institute for International Economic Studies, wiiw.
    2. Georgescu, George, 2004. "Marele pericol care planează asupra economiei [The Danger which Hangs Over the Romanian Economy]," MPRA Paper 23795, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Trade Balance; International Position; Inward Processing Trade; Economic Growth.;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F15 - International Economics - - Trade - - - Economic Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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