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Creşterea economică a României între 1980 şi 2013
[The Economic Growth of Romania between 1980 and 2013]

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  • Stefanescu, Răzvan
  • Dumitriu, Ramona

Abstract

This paper explores the economic growth of Romania in three periods: the last decade of the communist regime (1980-1989), the transition from a centrally planned economy to a market economy (1990-2006) and the seven years that followed the adhesion to European Union (2007 – 2013). We approach several aspects of the economic growth: GDP evolution, the social impact and the relations with the other macroeconomic objectives. We find, for each period, some circumstances that influenced this process: the dramatic efforts to pay back all the foreign debt, for the period 1980-1989, the political and institutional instability during the transition period and, finally, the challenges of the European markets combined with the effects of the global crisis.

Suggested Citation

  • Stefanescu, Răzvan & Dumitriu, Ramona, 2015. "Creşterea economică a României între 1980 şi 2013 [The Economic Growth of Romania between 1980 and 2013]," MPRA Paper 61592, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:61592
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    More about this item

    Keywords

    Economic Growth; Economic Development; Poverty; Macroeconomic Policy.;
    All these keywords.

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O49 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other

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