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Romanian recessions within 1995-2016 timeframe

Author

Listed:
  • Bradut-Vasile Bolos

    (Zanro Intermed SRL,Targu Mures, 54038, Romania)

  • Mihaela-Daciana Bolos

    (Universitatea Petru Maior, Nicolae Iorga, Tg Mures, Romania)

Abstract

Our study investigates the recessions that can be identified in Romania within the 1995-2016 timeframe. Technically three such occurrences have been recorded, but as the last two are very close we can say there was two major recesions. Our study investigates certain similarities and differences between the recessions as they appeared and dissapeared. We also analize parts of the economic policyes as are they found within the components of GDP. The conclusions attempt toidentify some predictable issues regarding Romaniațs future recession.

Suggested Citation

  • Bradut-Vasile Bolos & Mihaela-Daciana Bolos, 2016. "Romanian recessions within 1995-2016 timeframe," STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, Petru Maior University, Faculty of Economics Law and Administrative Sciences, vol. 1, pages 39-60, December.
    • Handle: RePEc:pmu:oecono:v:1:y:2016:p:39-60
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    File URL: http://www.upm.ro/facultati_departamente/ea/RePEc/oeconomica/2016/oeconomica1601_03.pdf
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    More about this item

    Keywords

    Recession; Economic Crisis; Case Study; GDP;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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