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Industrialization: An Itinerary Ruined By Extraeconomic Factors. Case Study: The Romanian Economy

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  • POPESCU Dan

    ("Lucian Blaga" University of Sibiu)

Abstract

How did the evolution of Romanian industry develop in the years after 1944 and until 1989? How about afterwards, during the transition from a socialist economy of Eastern European type to a generically defined market economy, when it failed to achieve socially desirable results, namely during the period 1990-2010? What was the actual content of the process, what was intended and what was actually achieved? In 20 years, how did the extra-economic factors influence - especially the political and social ones - a process, namely the industrialization, which had proved an undoubtedly positive experience around the world? These are the questions this paper aims to answer by examining the effects throughout this timeframe and the perspectives on short, medium and long term.

Suggested Citation

  • POPESCU Dan, 2012. "Industrialization: An Itinerary Ruined By Extraeconomic Factors. Case Study: The Romanian Economy," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 61(2), pages 7-25.
    • Handle: RePEc:blg:reveco:v:61.2:y:2012:i:2:p:7-25
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/RE%202-61-2012.pdf
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