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The Transition And Privatization Processes In Romania


  • Razvan HAGIMA

    () (Doctoral School of Economics, Iasi, Romania)


The transition to an economy that operates on market principles represents a period of profound changes based on redefining the paradigms of development. After more than 20 years from the 1989 events, Romania has already completed some important steps towards an open market economy. The path to this main objective was sinuous, with frequent acceleration and stumbling. This paper offers a view of the complex process of privatization in Romania after the fall of the communist regime, with a detailed approach on the transition process as well. The accent falls on the economic development of the country during the mentioned period.

Suggested Citation

  • Razvan HAGIMA, 2014. "The Transition And Privatization Processes In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(3), pages 36-42, September.
  • Handle: RePEc:jes:wpaper:y:2014:v:6:i:3:p:36-42

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    References listed on IDEAS

    1. Gheorghe ZAMAN & Valentina Vasile, 2012. "Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010," Romanian Journal of Economics, Institute of National Economy, vol. 34(1(43)), pages 5-23, June.
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    More about this item


    transition; centralized plan; privatization;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)


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