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Romania – To Have Or Not To Have Its Own Development Path?

Listed author(s):
  • Gabriela BODEA


    (Faculty of Economics and Business Administration, Babes-Bolyai University of Cluj-Napoca)

  • Aurelian-Petrus PLOPEANU


    (Department of Interdisciplinary Research – Humanities and Social Sciences, Alexandru Ioan Cuza University of Iasi)

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    Human societies are evolving in sequences similar to a business cycle. The cause for which the evolution is accompanied by setbacks lies in the complexity of social systems, which, ab initio, cannot be designed or intended by any human mind, and the irrationality arising from limited rationality of economic actors. Therefore, the time shows similarities, but rarely identities. Rather, we can talk about chronological series of similitudes, of repeatable errors and adjustable patterns. Using qualitative research and the introspective analysis, we explore the pattern which the Romanian economy followed under the sign of global crisis. We found that Romania's economy doesn't have a problem with its path but with the way in which it follows the trend ideologically and historically. Also, we found out that the end of the crisis is not just following an ordinary path, but represents the chance for the economy to be re-equipped with weapons of competitiveness and honour in order to leave the current era of nihilism.

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    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 8(2) (2016)
    Issue (Month): 2 (August)
    Pages: 221-237

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    Handle: RePEc:jes:wpaper:y:2016:v:8:i:2:p:221-237
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    1. Page, Scott E., 2006. "Path Dependence," Quarterly Journal of Political Science, now publishers, vol. 1(1), pages 87-115, January.
    2. Lavinia-Stefania TOTAN & Marinela GEAMANU & Gabriela TUDOSE, 2012. "Structural Changes Of Labor In Romania After 1990," Romanian Statistical Review, Romanian Statistical Review, vol. 60(9), pages 51-65, September.
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