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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," Acta Marisiensis. Series Oeconomica, "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law, vol. 1, pages 39-60, December.
    • Handle: RePEc:pmu:oecono:v:1:y:2016:p:39-60
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    References listed on IDEAS

    as
    1. Alina Fleșer & Radu Cătălin Criveanu, 2012. "Some Consequences of The Economic Crisis in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 135-142.
    2. Zaman Gheorghe & Georgescu George, 2009. "The Impact Of Global Crisis On Romania'S Economic Development," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-1.
    3. Duguleană, Constantin, 2011. "Effects of the economic crisis in Romania," SEER Journal for Labour and Social Affairs in Eastern Europe, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 14(1), pages 17-25.
    4. Magdalena DEDIU, 2009. "Financial Crisis Effects on Romanian Economy," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 179-188.
    5. Leonardo BADEA, 2012. "Impact of the Financial Crisis on the Romanian Capital Market in the European Context," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(568)), pages 27-40, March.
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    Keywords

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    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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