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Romania'S Transition In The Central European Context

Author

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  • Bâc Dorin Paul

    (University of Oradea, Faculty of Economics)

Abstract

The Eastern bloc countries have been under communist leadership for almost fifty years. After the 1989 collapse of communist leadership, new regimes have been installed. The roads from socialism to capitalism, from totalitariasm to democracy have been extremely difficult and tested both the people and the leaders. The present paper takes a look at the first years of Romania's democracy and its economic reforms. Although democratic elections have been organized and some reforms have been undertaken, compared to other states Romania might not have done enough.

Suggested Citation

  • Bâc Dorin Paul, 2010. "Romania'S Transition In The Central European Context," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 365-371, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:365-371
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/055.pdf
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    More about this item

    Keywords

    socialism; capitalism; democracy; Eastern Europe;

    JEL classification:

    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
    • P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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