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Romania vs Global Crisis

  • IONESCU Romeo

    ()

    (“Dunarea de Jos” University of Galati)

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    The paper deals with the impact of the present global crisis on the Romanian economy. As a result, the analysis is focused on 2008-2010 time period and support the idea that Romania is not in the best position to face this crisis. The analysis covers social, economic and financial pertinent indicators and uses the latest statistic database. Even that the Romanian government adopted the Updated Convergence Program 2009-2012, the forecasts are not too optimistic for the economy. The main conclusion of the paper is that to adopt radical measures, staring by the top of macroeconomic management and politicians, not by the bottom.

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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumatemai2010.pdf
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    Article provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.

    Volume (Year): X (2010)
    Issue (Month): 1 (May)
    Pages: 383-386

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    Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:383-386
    Contact details of provider: Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice

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