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

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Author Info

  • 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.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 24012.

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Date of creation: 15 Apr 2006
Date of revision:
Handle: RePEc:pra:mprapa:24012

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Related research

Keywords: Trade Balance; International Position; Inward Processing Trade; Economic Growth.;

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  1. 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.
  2. 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.
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