IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Global Financial Crisis, Where Does Place Romanian Economy In EU?

Listed author(s):
  • Paul-Bogdan Zamfir


    (“Constantin Brâncuşi” University of Târgu-Jiu, Romania)

Registered author(s):

    Along with joining the European Union, Romania became a full member of the largest economic bloc in the world, strengthening its position in terms of the global division of labour. The access to innovation and financing networks of the European Union will have visible effects concerning economic growth of Romania on medium and long term. Meanwhile, the entry under the full Europe's competition policy will lead to increase the productivity and economic growth as its main result obtained national welfare. However the global financial crisis has a serious impact on the Romanian economy. In this context the banks have become more restrained in lending and therefore, the companies are facing difficulties in accessing credit. Thus, lack of capital block business activity, which seriously affects the entire economy. The question which arises is: will be able Romania, to find the resources and managers to take out the country of one of the greatest economic crisis of the last century?

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by University of Petrosani, Romania in its journal Annals of the University of Petrosani - Economics.

    Volume (Year): 10 (2010)
    Issue (Month): 2 ()
    Pages: 371-378

    in new window

    Handle: RePEc:pet:annals:v:10:y:2010:i:2:p:371-378
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:pet:annals:v:10:y:2010:i:2:p:371-378. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Imola Driga)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.