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Romania – 2009 Economic Overview, Data And Facts

Author

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  • Liviu Mihaescu

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

Abstract

General trend is the decline of the European Union economies and financial markets hit by banking instability. In this context, although Member State, Romania is evolving somewhat isolated, saying record growth rates of GDP and previzionand as in 2009 the economy will be as dynamic. It is a realistic scenario? Romania is not yet fully integrated European financial mechanisms. At this delicate moment, we could consider that this partial isolation becomes from a handicap an advantage for us preserving from contamination germs of crisis? Despite improvements in perception for the CEE area, individual assessments of countries in the area worsened, remained, however, positive in most countries.

Suggested Citation

  • Liviu Mihaescu, 2009. "Romania – 2009 Economic Overview, Data And Facts," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 47(4-5), pages 56-66.
    • Handle: RePEc:blg:reveco:v:47:y:2009:i:4-5:p:55-66
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