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An Analysis of the Romanian Macroeconomic Conditions that Favored the Economic Crisis

Author

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  • Gina Ioan

    (Danubius University of Galati, Romania)

Abstract

The paper treats a number of aspects of economic errors made in the management of Romanian economy that favored economic crisis. It identifing an excessive propensity to consume of population, an economic growth which has not led to improved openness of the Romanian economy, a pronounced development of non-tradable sector, services (trade) and construction and a more difficult development of the tradable sector: industry and agriculture and a mismatch economic policy mix with the cycle phases.

Suggested Citation

  • Gina Ioan, 2013. "An Analysis of the Romanian Macroeconomic Conditions that Favored the Economic Crisis," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(1), pages 137-149, February.
    • Handle: RePEc:dug:actaec:y:2013:i:1:p:137-149
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1693
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    References listed on IDEAS

    as
    1. Lane, Philip & ,, 2010. "International Differences in Fiscal Policy During the Global Crisis," CEPR Discussion Papers 8009, C.E.P.R. Discussion Papers.
    2. Anne-Laure Delatte & Antonia Lopez Villavicencio, 2012. "Asymmetric responses of prices to exchange rate variations. Evidence from majour economies," Post-Print hal-01410597, HAL.
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    crisis; GDP; inflation;
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