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Macroeconomic Evolution in Romania’s Development Regions within the Current Economic- Financial Crisis


  • Mariana BALAN

    () (Institute for Economic Forecasting-NIER, Romanian Academy)

  • Alina SOLOMON

    () (”Dimitrie Cantemir” Christian University of Bucharest, Faculty of Finances, Banks and Accountancy)


Development disparities between regions and within Romania have existed both in the period before Romania joined the European Union and after January 1, 2007. This phenomenon has gained momentum because of the impact of economic restructuring, particularly in mono-industrial areas, whose population has been affected by unemployment due to closure of unprofitable state enterprises. Financial crisis and economic impact of accession on growth in the eight development regions of Romania in 2007 produced no changes in their rankings as the index of regional disparity, even though for some, its value has increased from 2006. This paper presents a comparative analysis of developments in macroeconomic indicators in developing regions of Romania.

Suggested Citation

  • Mariana BALAN & Alina SOLOMON, 2010. "Macroeconomic Evolution in Romania’s Development Regions within the Current Economic- Financial Crisis," Scientific Bulletin - Economic Sciences, University of Pitesti, issue 9, pages 29-38.
  • Handle: RePEc:pts:journl:y:2010:i:1:p:29-38

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    References listed on IDEAS

    1. Andrés Rodríguez-Pose & Montserrat Vilalta-Bufí, 2005. "Education, migration, and job satisfaction: the regional returns of human capital in the EU," Journal of Economic Geography, Oxford University Press, vol. 5(5), pages 545-566, October.
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    Cited by:

    1. Raluca Georgiana POPESCU, 2011. "The Regional Climate of Foreign Direct Investments in Romania," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 321-330, December.

    More about this item


    development regions; administrative-territorial structures; regional disparities; aging; educational level;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • P25 - Economic Systems - - Socialist Systems and Transition Economies - - - Urban, Rural, and Regional Economics


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